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Egyptian food ordering technology startup BONBELL has secured $350,000 in an initial funding round through a Canadian angel investor for the App services development and boosting the numbers of users and daily orders, according to an emailed press release on Thursday.
BONBELL is seeking to increase the number of restaurants it covers to 750 by the end of 2022.
The startup is negotiating with two venture capital funds in Europe and the GCC to raise $10 million in seed funding by the end of the year.
BONBELL App succeeded in attracting more than 12,000 users in less than six months.
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Source: Arab Finance
