05 Sep '13, 12am

[email protected]' first investment in Indonesia is restaurant booking site @Qraved

.@500Startups' first investment in Indonesia is restaurant booking site @Qraved

500 Startups’ first investment in Indonesia is restaurant booking site Qraved September 5, 2013 by Terence LEE Indonesian restaurant reservation startup Qraved has raised a seed round of an undisclosed amount, led by Rebright Partners and joined by 500 Startups , Skype co-founder Toivo Annus , and Silicon Valley VC. This is 500 Startups’ first investment in the country. Founders Adrian Li, Steven Kim, and Sean Liao are former Rocket Internet executives. Together, they have chalked up experiences in companies like Pinspire, Wimdu, Zalora, and OfficeFab. Launched in Jakarta last August, Qraved enables instant online bookings at over 2,500 restaurants in Jakarta. It also focuses on food discovery, with social features for sharing food photos and fellow users. The founders are self-confessed foodies. “When we first flew to Qingdao, China to discuss a partnership our food agend...

Full article: http://sgentrepreneurs.com/2013/09/05/500-startups-first-...

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My First Brainf*ck

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