AsiaTechDaily – Asia's Leading Tech and Startup Media Platform

  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • Events
    • Innovasion Exchange Programme
    • Startup Program
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
    • Unicorn interview
  • Governments
  • Events
  • Lists
  • Subscription Plan
  • Login
Menu
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • Events
    • Innovasion Exchange Programme
    • Startup Program
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
    • Unicorn interview
  • Governments
  • Events
  • Lists
  • Subscription Plan
  • Login
Submit Article
Menu
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • Events
    • Innovasion Exchange Programme
    • Startup Program
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
    • Unicorn interview
  • Governments
  • Events
  • Lists
  • Subscription Plan
  • Login
Submit Article
Join Chat 💬
Software31 Aug 2022 10:30

Restaurant management SaaS platform ESB bags $29m in latest funding round

by Team AsiaTechDaily
  • twitter
Bookmark (0)
Please login to bookmark Close

No account yet? Register

ESB, Indonesia’s largest fully-integrated restaurant management SaaS platform, announced that it raised $29 million in Series B funding round co-led by Northstar Group and Alpha JWC Ventures, with participation from existing investors AC Ventures, BEENEXT, and Vulcan Capital.

ESB is an all-in-one provider of culinary business operations software. It offers a cloud-based SaaS solution that includes a front-end order-taking app, a point-of-sales system, kitchen operations software, and a back-end enterprise resource planning system.

Through ESB, F&B merchants also gain access to an ecosystem of third-party providers for ingredient supplies, food delivery, and digital payments.

Co-founded in 2018 by Gunawan Woen, Eka Prasetya, Setiadi Prawiryo Moeljadi, and Dwi Prawira, ESB’s mission is to help F&B businesses enhance their profitability by using tech to augment sales and improve operational efficiency.

With the fresh funding, ESB said it will further expand its footprint in the SME market. Its value proposition to SMEs includes many things. It offers simplified payment solutions, working capital facilities, and expanded productivity features that will help SMEs increase their sales.

It also provides order and delivery channel management solutions, accounting capabilities, supply chain management, and a human resources information system.

“We see F&B merchants, whether they’re big companies or SMEs, as our equal partners. As a partner, we are committed to supporting our merchants, to helping them generate more sales and increase their efficiencies. In the end, this will help them increase their profit. By achieving that, we can ensure their sustainability, bankability, and growth. When our partners grow, ESB grows, that’s how I see it,” said Gunawan Woen, the company’s co-founder and CEO.

“I am also proud to welcome Northstar Group as the new shareholder in this round and appreciate the continuous support from our existing shareholders AC Ventures, Alpha JWC Ventures, BEENEXT, and Vulcan Capital for their continued confidence in us.”

Tags:

Similar Articles

SkyLink
Software24 Nov 2023 7:21

Skylink’s WaveOn Revolutionizes Software Development: Empowering Non-Tech Professionals with a No-Code Approach

More
Horizon Quantum Computing
Software1 Apr 2023 9:55

Software firm Horizon Quantum Computing secures $18.1m in Series A round

More
VOX
Software13 Mar 2023 10:48

Growfin raises $7.5m as it grows AI-based cash collection SaaS in US, Asia

More

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • Gadgets & Electronics
  • Health & Bio

Program

Menu
  • Ecosystem
  • EdTech
  • Featured
  • FinTech
  • Investments
  • IoT
  • Marketplaces & E-commerce
  • Robotics
  • Transportation & Logistics

About

Menu
  • Home
  • About us
  • Privacy Policy
  • Collaborate with AsiaTechDaily
Facebook Instagram Linkedin
  • twitter

Subscribe and be informed first hand about the actual economic news.

All the day’s headlines and highlights, direct to you every morning.

© 2023 asiatechdaily. All rights reserved.