Legit Group Raises US$10.35 Mln of Fresh Funds

By Editorial Team 30/01/2023
food delivery business
Summary

Local food and beverage (F&B) startup Legit Group has reportedly closed a funding round participated by MDI Ventures, SMDV, and East Ventures. "Based on information reported to the regulator, this latest funding round is worth US$10.35 million or around Rp 155 billion," Daily Social reported.

Previously, at the end of 2021, Legit Group raised US$3 million in a seed funding round led by East Ventures and participated by AC Ventures. Legit Group is a multi-brand cloud kitchen conceptor and operator founded by Sumarno Ngadiman, Monica Evanti, and Asrul Abraham Hendrata. The company has established strategic partnerships with Ismaya Group, Yummy Corp, and GK Hebat.

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