What is Qraved?
Qraved serves as the premier food application in Indonesia, functioning as a sophisticated discovery engine that connects diners with curated restaurant recommendations. The platform distinguishes itself through personalized dining guides and real-time promotional updates, effectively acting as a bridge between local culinary brands and a highly active user base. By integrating content-driven discovery with actionable promotional data, Qraved has established itself as a critical touchpoint for consumers navigating the vibrant Jakarta dining scene, while simultaneously providing merchants with a targeted channel for customer acquisition and retention.
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 Convergence Ventures, Richmond Global Ventures, M&Y Partners., 500.com, and Gobi Partners
Key Investors in Qraved
Gobi Partners
A prominent venture capital firm with a deep regional presence across China and ASEAN, specializing in supporting entrepreneurs from early to growth stages in emerging markets.
Convergence Ventures
A venture capital and private equity firm focused on identifying high-growth opportunities and providing the necessary capital to scale operations effectively.
M&Y Partners
A boutique growth solutions business that offers an independent approach to business development, focusing on operational alignment, data analytics, and customer acquisition strategies.
What's next for Qraved?
With the successful completion of its major enterprise-level funding, Qraved is poised to transition into a phase of aggressive market penetration and product diversification. The strategic focus will likely shift toward enhancing data analytics capabilities to provide deeper insights into consumer behavior, thereby increasing the platform's value proposition for both users and restaurant partners. As the company matures, the integration of more robust transactional features and loyalty-driven services will be essential to maintaining its competitive edge in the rapidly evolving Indonesian food-tech sector. Future growth will depend on the firm's ability to scale its infrastructure while maintaining the high-quality, localized content that has defined its brand identity to date.
See full Qraved company page
