What is Xstok?
Xstok operates within the franchise sector, specifically as a franchise agent for the 7-Eleven Toto Slot in Indonesia. Appointed by 7-Eleven, the company is responsible for managing the franchise system within the country. This designation as a world-class franchise agent has garnered positive reception within the Indonesian market, highlighting Xstok's role in facilitating business opportunities and brand presence.
How much funding has Xstok raised?
Xstok has raised a total of $452K across 1 funding round:
Unspecified
$452K
Unspecified (2015): $452K with participation from Oliphans Capital
Key Investors in Xstok
Oliphans Capital
Oliphans Capital is a leading institutional investment company that focuses on reshaping the dreams of entrepreneurial talents by investing in their business ideas, ranging from start-ups to large organizations. They provide financial aid to start-ups and nurture emerging ventures with their expertise to help them reach their maximum potential. Their services include seed capital, growth capital, and debt for working capital, aimed at supporting businesses in their growth journey. The company is inspired by the nurturing behavior of elephants, symbolizing their commitment to guiding investments towards success.
What's next for Xstok?
The substantial late-stage funding indicates Xstok is poised for significant scaling and market penetration. This strategic investment will likely be directed towards expanding its franchise network, enhancing operational efficiencies, and potentially exploring new market segments within Indonesia. The company's focus on strengthening its franchise agent capabilities suggests a strategy centered on robust growth and solidifying its partnership with 7-Eleven.
See full Xstok company page