Egypt-based startup Bonbell, has secured $350,000 in a new funding round led by a Canadian angel investor,
Bonbell, launched early in 2022, is a mobile app specialising in food ordering and digital solutions for table and meal reservations across Egypt. According to the founders, the funding will be used to help further develop its services and grow its user base.
The startup also offers a wide range of food ordering services that covers food delivery to restaurant reservations and dine-in ordering services through a QR code. The app also offers a number of payment solutions through cash or credit cards.
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According to the founders, the startup already has 12,000 customers on its database. The funding will also be used to expand its partner restaurant base with 750 new partners by the end of 2022. It is also negotiating with two venture capital funds in order to close a US$10 million seed round by the end of the year.
“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,” said Doaa Abdel-Hameed, Bonbell’s chief business officer.
“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.”
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