• Newsletter
  • Contact
  • Press Releases
Monday, June 2, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home Feature News

Officially entered Indian market, Indonesia’s Kenangan Coffee to open 50 outlets this year

Kenangan Coffee is reportedly allocated up to US$4.6 million, or around Rp77.2 million fund, toward its India rollout.

Syifa by Syifa
April 11, 2025
in Feature News, News
0
Kenangan Coffee

Image: majalah franchise

Share on FacebookShare on Twitter

Heaptalk, Jakarta — Indonesia-based Kenangan Coffee has officially entered the Indian market by rolling out its first outlet at Pacific Mall in New Delhi. The company is reportedly allocated up to US$4.6 million, or around Rp77.2 million fund, toward its India rollout, which includes setting up a local coffee procurement initiative.

The company planned to establish at least 10 locations across India by the end of 2025, with a long-term target of operating 50 outlets. Around 70% will follow a complete cafe concept, while 30% will adopt a compact, takeaway-focused design. Kopi Kenangan observed that this market’s evolving coffee scene is a prime opportunity to introduce Indonesian-inspired offerings to a younger, increasingly coffee-savvy demographic.

“India’s youthful consumer base and growing interest in diverse coffee styles make it a strategic market for our brand. We expect the ROI in India in the next 20-24 months. In Indonesia, our payback period is 18 months. In Singapore, it is only 12 months, and in Malaysia, it is around 24 months,” said Edward Tirtanata, CEO of Kenangan Coffee, cited in Retail.com from the Economic Times.

World Ai Jakarta 2025
World Ai Jakarta 2025

As part of its brand positioning, Kenangan Coffee is highlighting its use of palm sugar, a traditional palm sugar sourced from Indonesia’s Arenga pinnata. This aligned with the growing demand in India for more natural, health-conscious ingredients. Entry-level offerings like espresso will be priced from ₹99 US$1.15), with Americanos starting at US$1.50. A selection of higher-end beverages will reach up to US$3.80.

Last year, this unicorn recorded remarkable financial performance in the first half of 2024, surpassing its previous year’s achievement. In the second quarter of 2024, Kopi Kenangan’s sales noted an impressive growth of up to 27% compared to the second quarter of 2023. Besides, Kopi Kenangan’s EBITDA also doubled compared to the previous year’s second quarter. In Q2 2024, the company reported an EBITDA margin of 23% and a net profit margin of 5%, showcasing its operational efficiency and profitability.

Founded in 2017, Kopi Kenangan has become one of SEA’s most prominent coffee chains, with over 900 stores in the Archipelago. In early 2022, the company hit unicorn status, making it the first Southeast Asian F&B brand to surpass a US$1 billion valuation.

Tags: IndiaKenangan CoffeeKopi Kenanganunicorn

Related Posts

KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Commemorating Professor Soemitro's 108th anniversary at Soemitro Center (05/29). Credit: Haris

Soemitro Center: A platform for Indonesia’s young economists

May 31, 2025
Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
Indosat to distribute a cash dividend of Rp2.7 trillion

Indosat to distribute a cash dividend of Rp2.7 trillion

May 29, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
World Ai Jakarta 2025 the 10th world battery & energy industry expo 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025
  • Kaspersky appoints Defi Nofitra as first country manager for Indonesia

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com