JAKARTA, Indonesia and KUALA LUMPUR, Malaysia, April 26 (Bernama) — Digital foodhall operator and food technology company, Zing Ventures (“ZING”), has secured its USD10 million Series A funding round’s lead investor in Tisana Ventures. The funds will be utilised to drive the group’s aggressive regional expansion plan commencing with growing its existing footprint in Malaysia, entering Singapore by Q4 2022 and penetrating the Indonesian market in 2023.
With the pandemic accelerating digitalisation and influencing food consumption behaviours, the food delivery, cloud kitchen and digital foodhall segments have grown exponentially. ZING’s unique business model offers a gamechanger to the F&B industry.
