About Us
How It All Started
Kirana Holdings is a next-generation holding group that builds and scales businesses across consumer, real estate, infrastructure, and technology sectors.
Combining deep industry experience with an operator-driven approach, the group focuses on transforming ideas into structured, high-performing ventures. From brand-led consumer concepts to large-scale real assets and digital platforms, each business is developed with a clear emphasis on quality, scalability, and long-term value.
With a growing presence across multiple markets, Kirana Holdings continues to expand its portfolio while staying grounded in disciplined execution and purposeful growth.
David Cerdy
Founder & Chairman,
Kirana Holdings
With decades of experience across multiple industries, David has built a diverse portfolio of businesses spanning property, materials, and long-term asset investments. His approach is grounded in discipline, long-term thinking, and a deep understanding of how to transform opportunities into sustainable ventures.
Beyond business, he plays a pivotal role in shaping the direction of Kirana Holdings — not only as a source of capital, but as a mentor and strategic guide. His ability to bridge vision with execution has enabled the group to grow with both stability and ambition.
Through Kirana Holdings, his philosophy continues:
to build businesses that are not only profitable, but meaningful, scalable, and enduring.
Ryo Rivaldo
Director, Kirana Holdings
Ryo represents the next generation of Kirana Holdings, bringing an operator-driven approach to building and scaling businesses.
He is the founder of Ryokudo, a Japanese donburi brand that began during the pandemic and has since expanded across multiple markets, with a focus on quality, branding, and operational excellence.
At Kirana Holdings, Ryo focuses on identifying new opportunities, developing scalable concepts, and translating ideas into structured, high-performing businesses. His approach combines hands-on execution with a strong emphasis on brand, systems, and growth.
Bringing a fresh perspective, he introduces creativity and a forward-thinking mindset into the group, ensuring Kirana Holdings remains relevant, adaptive, and constantly evolving beyond conventional directions.
Working closely with the Founder, he plays a key role in shaping the future direction of the group — building on a strong foundation while driving the next phase of expansion.