Indonesian coffee chain Kopi Kenangan may hit unicorn status with Falcon Edge-led round

Photo: Kopi Kenangan website

Indonesia’s grab-and-go coffee chain Kopi Kenangan is in advanced talks with investors to raise about $100 million in its Series C round.

According to three different sources privy to the development, US alternative asset manager Falcon Edge Capital is likely to lead the round that could make the Jakarta-headquartered startup a near unicorn.

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