After previously receiving a $8M injection from Alpha JWC Ventures, the famous Indonesian grab-and-go coffee chain, Kopi Kenangan just announced the closing of a $20-million growth funding round from Sequoia India.

As reported by #DealStreetAsia, the company said it plans to use the fresh capital to accelerate growth and possibly expand across Southeast Asia.

As per-today, the coffee chain which owned by Edward Tirtanata and James Prananto has 80 stores in eight cities and serves close to one million cups of coffee each month. Following the fresh funding that they’ve received, it targets to open 150 outlets by the end of this year and expand to 1,000 stores across Indonesia by 2021.

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