"Jago Raises $6M in Series A Funding to Expand Mobile Café Services and Invest in Technology"

Jago's Series A Funding

Key Highlights:

• Series A Funding: Jago, a Jakarta-based mobile café company, raised $6 million in Series A funding.
• Investors: Funding led by Intudo Ventures and BEENEXT Accelerate, with participation from ORZON Ventures and D Global Ventures.
• Expansion Plans: Funds will be used to expand service coverage, establish new depots, launch more carts, and invest in technology.

Jago's Target Market

• Target Market: Indonesian consumers seeking convenient and on-the-go beverage options.
• Urban Areas: Focus on densely populated areas, starting with Jakarta.
• On-the-Go Customers: Individuals looking for quick and fresh beverage options, delivered within minutes.

What Jago Needs to Buy

• Mobile Café Equipment: Purchase of fully-electric mobile cafés and necessary equipment for beverage preparation and delivery.
• Technology Investments: Investment in technology stack, including app development, inventory management systems, and performance dashboards.
• Expansion Resources: Resources for establishing new depots, launching additional carts, and expanding service coverage.