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.
Foodmandu
Series A in 2016
Foodmandu is a food delivery platform that aims to make on-demand food delivery easy and accessible throughout Nepal. The service allows customers to order a variety of items, including food, alcoholic and non-alcoholic beverages, and groceries, from a diverse selection of restaurants. By providing a convenient way to enjoy meals at home, in the office, or anywhere else, Foodmandu enhances the dining experience and helps customers save time with efficient delivery.
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