Indonesian coffee chain brews plan to expand in South-east Asia

Company's expansion fuelled by technology and funding from venture capitalists

Kopi Kenangan, or coffee memories, sells coffee that is distinctly Indonesian yet offbeat, with quirky names such as Kopi Kenangan Mantan, or coffee memories of my ex, an addictive concoction of coffee with milk and palm sugar. The start-up now has 2
Kopi Kenangan, or coffee memories, sells coffee that is distinctly Indonesian yet offbeat, with quirky names such as Kopi Kenangan Mantan, or coffee memories of my ex, an addictive concoction of coffee with milk and palm sugar. The start-up now has 222 outlets in 18 cities. PHOTO: KOPI KENANGAN
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Mr Edward Tirtanata was running a cafe selling artisanal tea blends in Jakarta when he spotted a bigger business opportunity in the coffee market: There was no good mid-priced coffee targeted at those who cannot afford to splash out on high-end brews too often.

There were only two options at the time - cheap coffee from roadside stalls, or expensive brews from foreign coffee chains like Starbucks and The Coffee Bean & Tea Leaf.

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A version of this article appeared in the print edition of The Straits Times on January 23, 2020, with the headline Indonesian coffee chain brews plan to expand in South-east Asia. Subscribe