Towards developing its services and expanding its user base, Egyptian startup Bonbell, a mobile app designed to offer seamless food ordering and digital solutions for table and meal reservations, has closed an initial funding round worth US$350,000.
Launched early this year, Bonbell offers a wide range of food ordering services, from food delivery to restaurant reservations and dine-in ordering through a QR code. The app offers various payment solutions through cash or credit cards and already has 12,000 customers.
The US$350,000 funding round came from a Canadian angel investor, and Bonbell now hopes to have 750 partner restaurants 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.”
