BONBELL: Revolutionizing Egypt's Foodtech Industry with Pre-seed Funding
23-05-10
Egyptian Foodtech Startup BONBELL Secures $350K Pre-Seed Funding to Expand Services and Partnerships
- Egypt-based food tech startup BONBELL has raised $350,000 from a Canadian angel investor.
- Founded in 2022 by Doaa Abdel-Hameed, Co-founder & CBO, BONBELL offers a cloud-based online food ordering and delivery system, enabling restaurant managers to handle dine-in orders, table reservations, and curbside delivery.
- BONBELL will use the investment to expand its network of restaurant partners to 750 by the end of 2022.
- It also is set on a course of closing a $10 million.
Below is an excerpt from the article:
Egypt’s startup BONBELL, The first mobile App brand in the Food-tech industry specializing in food ordering, and digital solutions for table and meal reservations, has closed an initial funding round for $350,000 through a Canadian Angel investor to help further develop the App services and achieve a level of growth regarding user count and daily orders.
BONBELL launched its App in early 2022 to offer a wide range of food ordering services in Egypt, as the App offers many food ordering solutions, from food delivery to restaurant reservations and Dine-in ordering through a QR Code on the tables, as well as takeaway services.
The App offers various payment solutions through cash or credit cards.
BONBELL has also strategically partnered with many leading major companies and institutions, most notably the German University in Cairo (GUC), and Raya Telecom, to offer its services in their respective headquarters for employees and visitors alike.
Doaa Abdel-Hameed emphasized that the success of the BONBELL App, in offering the best experience to its users can only be done through strategic partnerships with many more restaurants, in addition to the constant development of the technology used in the App, as well as relying on offering inventive solutions to the Egyptian user such as (Robotic Stations) service.
This service will offer customers the experience of food ordering and serving through a Robot, without any human intervention.
This service is expected to launch in Egypt by the end of 2023.
