True North Associates
True North Associates is a private equity and venture capital firm located in Kathmandu, Nepal, founded in 2014. The firm specializes in growth stage businesses that possess disruptive business models, primarily focusing on sectors such as finance, information and communication technology, energy, health, education, and tourism. True North Associates invests in both private and public companies, often taking strategic minority stakes to facilitate business expansion. In addition to its investment activities, the firm offers strategic consulting and advisory services, aiming to enhance the management and governance of the companies in which it invests.
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Foodmandu
Series A in 2016
Foodmandu is a Nepal-based food delivery platform that enables on-demand ordering from a wide range of restaurants. The platform also offers beverages, including alcoholic and non-alcoholic options, and groceries, all available for home or office delivery. By providing a digital marketplace for dining and essential goods, Foodmandu aims to make delivery convenient and accessible across Nepal, helping customers save time and have orders delivered efficiently.
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