Known as Kenangan Coffee in overseas markets, the brand had 1,324 outlets across six countries including Singapore, Malaysia, Philippines, Australia, and India as of end of 2025. With around 1.5 million active users as of December 2025, the app has become the company's main growth driver, contributing nearly half of sales. The company adopts a data-driven, hyperlocal approach to craft beverages suited to each market, with different flavor profiles across regions.
Cyborg Score Rationale
The company has raised $240M across 5 funding rounds and achieved recent profitability milestone. Rapid international expansion, strong digital adoption, and brand recognition (World Branding Awards winner) demonstrate execution strength, though private company maturity and competitive intensity in emerging coffee market present headwinds.
Top Insights
Company posted its first profitable year as it expands to 1,324 stores across six countries as of Jan 2026
Recently expanded to Taiwan with first branch opening in April 2026, continuing aggressive international rollout strategy
Appointed Brand of The Year winner in Café Chain category by World Branding Awards; first Kopi Susu Kekinian to obtain Halal Certification from Majelis Ulama Indonesia
Grab-and-go format minimizes real estate costs and allows channeling resources into ingredient quality improvement
Named Competitors
Fore Coffee — Indonesian specialty coffee chain
Jago Coffee — Southeast Asian coffee brand competitor