SiCepat Acquires DigiResto, New Chapter of FoodTech?

By Editorial Team 12/01/2021
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Summary

PT SiCepat Ekspres Indonesia (SiCepat) announced the signing of a conditional share subscription agreement (CSSA) to buy 51 percent shares of foodtech startup DigiResto. SiCepat Chief Executive Officer, The Kim Hai, said the investment was based on satisfaction with due diligence results on DigiResto. According to Kim Hai, SiCepat will be directly involved in the development of DigiResto.

DigiResto Developer PT Digital Maxima Kharisma (DMK) Director Mohammad Anis Yunianto appreciates the investment deal with SiCepat and its commitment to push DigiResto to a large scale. "With additional support from SiCepat, we are accelerating the expansion of the merchant network and expanding DigiResto's service coverage," he said in a press release.

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