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 prominent food delivery platform in Nepal, providing a convenient and accessible service for on-demand food delivery. The company allows customers to order food, alcoholic and non-alcoholic beverages, and groceries from a diverse selection of restaurants through its digital platform. This service is designed to enhance the dining experience by enabling users to enjoy their favorite meals at home, in the office, or wherever they choose. By prioritizing speed and convenience, Foodmandu aims to save customers time while delivering high-quality culinary options.
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