Singapore’s Komorebi Food Ventures picks 30% stake in Dosirak

Photo: Dosirak.

Singapore-based Komorebi Food Ventures which is focused on investing in early-stage food brands, has acquired a 30 per cent stake in  Dosirak, a traditional Korean lunch box maker, according to an announcement.

The deal will help Singapore-based Dosirak – which means lunch boxes in Korean – expand its brand across Asia and grow in the region’s salad space, competing with the likes of Salad Stop in the healthy food segment. The traditional Korean lunch box needs to be shaken to mix the ingredients.

“We are going to deliver ‘Old Korean made new’ i.e. traditional healthy Korean recipes, updated for millennials and serviced in a unique packaging that is perfectly suited for delivery,” said Guillaume Pagnoux, co-founder of Komorebi.

Founded in 2017, Komorebi Food Ventures’ focus is investing in B2B, B2C companies and developing quick service food brands.

Dosirak’s aim aligns with Komorebi’s plan to be a leading player in the fast healthy food in the region.

Dosirak is targeting to reach over 50 stores in the near future. Dosirak will work on developing a wider product portfolio, which will include signature sauces along side healthy Korean snacks and beverages.

Komorebi co-founder Maninder Sabharwal said, the company is planning to take the brand to the next level given the massive growth potential for Korean food.

Also Read:

PAG Asia Capital acquires stake in SEA-based restaurant chain Paradise Group

South Korean food delivery startup Woowa bags $320m funding

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.