Foodtech startup Foodmandu from Nepal raised Series B

Nepal-based food delivery platform Foodmandu has raised an undisclosed amount in Series B funding round from Nepal-based private investment fund Team Ventures on 20% stake

Foodmandu is a food delivery platform that is currently operating in three cities of Kathmandu Valley. The startup claims to have a tie-up with over 500 restaurants.

Besides food delivery, it also delivers vegetables, beverages & cakes, claims that its business has grown around 10 times over the last four years.

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