Funding

Egyptian Food Delivery Startup Bonbell Raises $350k Funding Round

Bonbell, an Egyptian startup that specializes in food ordering and digital solutions for table and meal reservations, has raised $350,000 in seed funding to help it expand its services and user base.

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.”

Silas Ugochi

Silas Ugochi is a Staff Writer and Content Creator at GetFundedAfrica. Ugochi is an educated content writer who relishes using her skills to help GetFundedAfrica's Media Team achieve the goal of sharing the success stories of African entrepreneurs. When she isn't writing articles, she can be found listening to music, reading, or DJing.

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