What is Qraved?
Qraved operates as the leading food-tech application in Indonesia, serving as a critical bridge between diners and the local restaurant industry. By leveraging data-driven insights, the platform provides users with curated dining recommendations, promotional updates, and localized guides tailored to specific culinary occasions. Its market position is solidified by its ability to aggregate fresh content from malls and popular dining brands, effectively digitizing the restaurant discovery process for a rapidly expanding urban demographic. The company's core value proposition lies in its capacity to drive customer acquisition for food service providers while simultaneously enriching the user experience through high-intent, location-based discovery tools.
How much funding has Qraved raised?
Qraved has raised a total of $9.3M across 2 funding rounds:
Series A
$1.3M
Series B
$8M
Series A (2014): $1.3M with participation from M&Y Growth Partners and Convergence Ventures
Series B (2015): $8M led by 500.com, M&Y Partners., Convergence Ventures, Richmond Global Ventures, and Gobi Partners
Key Investors in Qraved
500.com
A prominent online service provider specializing in integrated user tools and digital community platforms, leveraging extensive experience in high-traffic consumer technology.
M&Y Partners
A boutique growth solutions firm that provides strategic business development, data analytics, and operational alignment services to scaling enterprises.
Gobi Partners
A leading venture capital firm with a deep regional presence across Asia, focusing on supporting entrepreneurs from early to growth stages in emerging markets.
What's next for Qraved?
With the support of its latest strategic financing, Qraved is well-positioned to deepen its penetration within the Indonesian market. The company is expected to prioritize the refinement of its algorithmic recommendation capabilities and the expansion of its merchant-facing promotional tools. As the firm transitions into a more mature lifecycle stage, the focus will likely shift toward optimizing unit economics and scaling its digital footprint across additional metropolitan hubs. By maintaining its focus on high-quality content and user engagement, Qraved aims to solidify its status as the primary digital gateway for the Indonesian culinary sector, potentially exploring further integration with broader lifestyle and e-commerce services to maximize long-term shareholder value.
See full Qraved company page
