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Foodmandu ready to spread delivery across Nepal, fed by new cash

Startup, linked to 500 restaurants, savors rising urbanization and internet use

Manohar Adhikari, Foodmandu's chief technology officer, founded the Nepalese company in 2010. (Photo by Arun Budhathoki)

KATHMANDU -- Nepal's largest online food delivery company has grown hungry to expand nationwide, after surviving early lean years and the devastating 2015 earthquake in the Himalayan country.

Foodmandu last month raised series B funding from Team Ventures, a local private investment fund, in exchange for a 20% stake in the startup. Details of the transactions were not disclosed.

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