Indonesia's Sayurbox focuses on profitability amid challenging …

Aug 20, 2022 · Sayurbox aims to clock positive 'contribution margins' by Dec. It will strengthen its presence in Bali, Surabaya, and Jakarta instead of expanding to new cities. ... Indonesia's …

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Farmers And Consumers To Benefit From $120m Investment In …

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Jakarta, March 21, 2022 – Farmers across Indonesia stand to benefit from higher income and better access to a market already worth $120 billion a year following a successful round of …

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Indonesian E-Grocery Startup Sayurbox Raises $120 Million In

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Mar 22, 2022 · The latest funding comes less than a year after the startup raised $15 million in Series B funding led by Astra. Sayurbox which was founded in 2017, sells more than 5,000 …

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Indonesian E-Grocery Startup Sayurbox Raises $120 Million In …

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Sayurbox which was founded in 2017, sells more than 5,000 items ranging from fresh produce, meat, poultry and snacks to ready-to-eat dishes. The startup currently has around 1 million …

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Indonesian Agritech Firm Sayurbox Cuts 5% Of Staff - Tech In Asia

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Dec 7, 2022 · Sayurbox, an Indonesia-based agritech firm, has laid off 5% of its employees due to global macroeconomic challenges. In a statement, the company said that the decision is one …

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Sayurbox Gets US$120 Million Series C Funding

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Mar 24, 2022 · TheIndonesia.id - Sayurbox, a startup that combines technology and groceries, announced that it has secured series C funding worth US$120 million or more than Rp1.7 …

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Indonesian E-grocery Startup Sayurbox Raises $120M Series C

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Mar 21, 2022 · Sayurbox announced Monday its oversubscribed Series C round of $120+ million led by Northstar and Alpha JWC Ventures, with participation from new investor International …

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Indonesian Agritech Firm Sayurbox Cuts 5% Workforce

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Dec 7, 2022 · Indonesian agritech startup Sayurbox has laid off about 5% of its team members, affecting more than 40 employees, as part of measures to improve efficiency. ... Indonesia's …

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FAQs about Indonesia's Sayurbox focuses on profitability amid challenging … Coupon?

Is sayurbox really serious about empowering Indonesian farmers?

According to our observations, Sayurbox is really serious about empowering small and individual Indonesian farmers through the Sayurbox e-grocery platform," said Co-Founder and Managing Partner of Northstar Patrick Walujo regarding the Series C funding received by Sayurbox. ...

Is sayurbox Indonesia's largest e-grocery platform?

Speaking about Sayurbox’s progress so far, co-founder and CEO Amanda Susanti said, “What we have built to date is Indonesia’s largest e-grocery platform.” Creating Indonesia’s largest e-grocery platform Sayurbox currently has a database of over 10,000 farmers and suppliers — many of whom are exclusive to the platform. ...

Why is sayurbox launching a new capital?

The new capital will be used to expand into new and existing cities and to develop its supply chain across Indonesia. “Sayurbox was founded with the social mission of providing market access to local farmers through the digitalization of Indonesia’s agri-supply chain,” Amanda Susanti, cofounder and CEO of Sayurbox, said in its statement. ...

Why is sayurbox a good company?

This approach has translated into customer loyalty and repeat purchases, which in turn have brought in higher volumes and greater efficiency. Sayurbox is thus able to sell its produce at a rate lower than prevailing market prices. It maintains best-in-market margins at over 35% as well as positive unit economics. ...

What is sayurbox?

Today, Sayurbox is an e-commerce grocery servicing the Greater Jakarta, Surabaya, and Bali areas with the addition of meats, dairies, cereals, seasonings, meals, organic food, and locally grown items from farmers and producers. Visit www.sayurbox.com About Northstar The Northstar Group was founded in 2003 by Patrick Walujo and Glenn Sugita. ...