Connect with us

English Edition

SaladStop! Group Raises S$12 Million Investment from Temasek

SaladStop! The Group received an investment of S$12 million from a number of investors led by Temasek Holdings.

Published

on

From left to right: Frantz Braha, Katherine Desbaillets Braha, & Adrien Desbaillets

Singapore, TechnoBusiness SG SaladStop! Group, Asia’s first and largest healthy food chain that started as a family company in 2009, has just announced that it has completed a S$12 million investment round.

The Series B investment was obtained from a number of investors such as Vulcan Capital, K3 Ventures, and East Ventures led by Temasek Holdings. In addition to new investors, some of SaladStop! The Group is also involved in the funding.

Also Read: 11.11 Global Shopping Festival Alibaba Books US$84.54 Billion Transactions

SaladStop! The group founded by Daniel Desbaillets with his son, Adrien Desbaillets, now led by his daughter, Katherine, and son-in-law, Frantz Braha, offers healthy and nutritious menus to all markets in Asia.

Advertisement

Offering brands like SaladStop! Heybo, Wooshi, and Good Food People. SaladStop! The Group has 69 outlets in eight countries, including Singapore, Hong Kong, Indonesia, Vietnam, Philippines, Japan, Korea and Spain.

In those markets, SaladStop! The Group reaches 3.5 million people per year. To reach this market, SaladStop! The Group uses a virtual kitchen (cloud kitchen) and utilizes an ecosystem of food technology partners (food-tech).

SaladStop! Group has 69 outlets in eight countries in Asia and Spain.

According to Adrien Desbaillets, co-founder and CEO of SaladStop! Group, the pandemic has accelerated the company’s digital development and now 50% of its sales come from online channels—partly from direct channels.

The newly raised Series B funding will be used to accelerate SaladStop’s digital transformation! Group, including internally developed technology investments. Plus, SaladStop! The Group will use the new funding for expansion into new markets by 2025.

Also, reaching second-tier cities through continuous expansion of the cloud kitchen model. “To achieve our ambitious growth strategy, we also wanted to expand our reach in these markets,” added SaladStop Group’s Chief Growth Officer! Frantz Braha.

Advertisement

Also Read: Oracle Opens Oracle Cloud Region for Southeast Asia In Singapore

As a long-time investor, Deepak Shahdadpuri from DSGCP, expressed his impression of the extraordinary development of SaladStop! Group since its establishment. “We want to continue to support SaladStop! The group is heading for a new chapter,” he said.

—Michael T. Kheilton, TechnoBusiness SG Photo: SaladStop! Group

Advertisement
Continue Reading
Advertisement
7 Comments

7 Comments

  1. gralion torile

    05/08/2022 at 4:56 AM

    Nice blog! Is your theme custom made or did you download it from somewhere? A theme like yours with a few simple tweeks would really make my blog jump out. Please let me know where you got your design. Many thanks

  2. more

    04/09/2022 at 3:58 PM

    Really Appreciate this post, is there any way I can receive an email whenever there is a new post?

  3. asphalt paving

    29/09/2022 at 10:58 PM

    I like this post, enjoyed this one regards for putting up.

  4. accommodation

    05/10/2022 at 4:39 AM

    You got a very excellent website, Gladiolus I discovered it through yahoo.

  5. zmozeroteriloren

    23/11/2022 at 12:53 AM

    you have an awesome weblog here! would you like to make some invite posts on my blog?

  6. automotive

    24/11/2022 at 7:22 AM

    This web site is really a walk-through for all of the info you wanted about this and didn’t know who to ask. Glimpse here, and you’ll definitely discover it.

  7. zmozero teriloren

    24/11/2022 at 9:48 PM

    Good info. Lucky me I reach on your website by accident, I bookmarked it.

Leave a Reply

Your email address will not be published. Required fields are marked *