After closing $350,000 initial funding round from an Canadian angel investor, Egyptian startup BONBELL is now looing to raise $10 million in seed funding.
According to the company, it is the first mobile app in the Food-tech industry launched early this year offers a wide range of food ordering services from food delivery to restaurant’s reservations and Dine-in ordering through a QR Code on the tables, as well as take away services. The app also offer various payment solutions through cash or credit cards.
BONBELL has partnered with many restaurants and cafes, as well as clubs like Heliopolis Club and Smash Club. It also offers its services in Malls and Cinemas, to offer a smoother food ordering experience, reserving tables and food delivery, for mall and cinema goers.
BONBELL has also strategically partnered with many leading major companies and institutions, most notably the German University in Cairo (GUC), and Raya Telecom, in order to offer its services in their respective headquarters for employees and visitors alike.
In just 6 months, BONBELL has managed to win the trust of more than 12,000 customers with minimal network of restaurants, but now the company targets raising its network to 750 restaurants by the end of this year.
Doaa Abdel-Hameed, the chief business officer of the company said “we aim to help restaurants in offering an easier food ordering experience to their customers, either through food delivery or reserving a table in the restaurant, as well as take away orders and also the special orders made by customers in their restaurants.”
“We pursue a better experience for the Egyptian user in food ordering, we see a lot of potential and opportunities to do that through developing the App constantly based on the user reviews, and adding more restaurants in all of the Egyptian governorates.” She added.
Doaa Abdel-Hameed emphasized that the success of 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 they end of 2023.