Caffebene gets investment from Southeast AsiaCaffebene said on Friday that it has attracted a significant amount of investment from foreign companies.
The company said it attracted 16.5 billion won ($13 million) from Hallyu Ventures. Hallyu Ventures is co-owned by Singapore’s Food Empire and Indonesia’s Salim Group. Food Empire has 60 branches around the world.
The company said it Hallyu Ventures will make additional investment in the leading Korean coffee chain within the year, which will help maximize the synergy of the deal.