Kopi Kenangan: The Tech-enabled Coffee Chain Unicorn

AIBP ASEAN B2B Growth

Guest: Mr. Rahmat Budiardjo, SVP and Head of Founder's Office, Kopi Kenangan

This episode discusses Kopi Kenangan's technology-enabled business, and the coffee chain's journey in bringing the Indonesian taste to the rest of the world.
Kopi Kenangan is one of the fastest growing new retail, grab-and-go coffee chains in Indonesia, with over 600 stores across 45 cities, raising $96m in the first closing of a Series C funding in December 2021, giving the company a valuation of more than $1bn.
Founded in 2017, Kopi Kenagan targets a gap in the market in Indonesia between the high-priced coffee served at international coffee chains, and the instant coffee sold in the country's many street stalls. The new retail online and offline model offers customers the convenience of ordering through an app and either having coffee delivered to their doorstep or picking it up in-store. Kopi Kenangan seeks to spread their passion for Indonesian coffee as a local brand from Indonesia to the rest of the world.

Chapter

1. Kopi Kenangan: The Tech-enabled Coffee Chain Unicorn (00:00:00)

2. Introducing Kopi Kenangan & Mr. Rahmat Budiardjo's Role (00:00:23)

3. Kopi Kenangan's Growth in Indonesia (00:05:38)

4. Going International for Kopi Kenangan (00:17:01)

5. Defining Kopi Kenangan's Technology-enabled Business (00:24:10)

6. The Southeast Asian Consumer Landscape (00:34:59)