Foodmandu’s 13th Year of Delivering Deliciousness
वि.सं.२०८० कात्तिक २८ मंगलवार
Foodmandu, Nepal’s first and most popular food delivery company has reached 13 glorious years of providing its services. Its popularity has become increasingly apparent throughout the years. Now, it has become a top choice for anyone who likes having food delivered to their doorstep.
Despite its humble beginnings, Foodmandu started growing significantly. In 2016, it had already gone through its first round of fundraising, inviting numerous investors into the company. Foodmandu went on to close its second round of fundraising 4 years later in 2020. The 3rd and biggest round of fundraising was closed recently, which collected a whopping 4 million USD for the company. Dolma Impact Fund, TNA, and Team Ventures have made strategic investments in Foodmandu, underscoring their confidence in the company’s growth and potential within the culinary market.
Initially, only 10% of customers ordered online, with the majority preferring phone calls. Now, 95% of orders are made through Foodmandu’s mobile app, which has reportedly more than 5,00,000 downloads to date. This showcases the significant transformation in the industry since the company’s inception. Additionally, a company that had only 10 restaurants on board initially, has partnered with 1400+ restaurants till date, and more than 250 dedicated riders in collaboration. More than 4 lakh Nepali food lovers have enjoyed Foodmandu’s service. After the elimination of a minimum order amount requirement, it has attracted even more customers into its favor, producing a bright path for the company’s future.
Regarding the same, we have attached the press release herewith. We humbly request you to publish the news along with the pictures attached.
वि.सं.२०८० कात्तिक २८ मंगलवार १६:२७