1. Startups

Legit Group Confirms Series A Funding from MDI Ventures, SMDV, and East Ventures

Pocketed funding of $ 13,7 million or around 205,3 billion Rupiah

Legit Group completed a series A round of $13,7 million (approximately 205,3 billion Rupiah) led by MDI Ventures, with participation from SMDV, East Ventures and Winter Capital. This announcement at once confirms previous news related to new funding obtained by operators cloud kitchen this.

In its official statement, this fresh fund will be used by Legit Group to bring more food to various places, while continuing to innovate and improve technology to achieve a more efficient operating system. As of 2021, Legit Group has secured seed funding (seed) for $3 million from East Ventures and AC Ventures.

"We are excited to have a strong group of investors to support us in creating a brand that carries the vision of 'food for everyone' or 'food for all'," said Legit Group Chairman Bram Hendrata.

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