#Asia Dah Makan digs in a US$1.3M seed funding round to bring food into your table

//

Instead of partnering with restaurants or caterers, Dah Makan does everything from cooking and preparing the meal, to delivery and payments

Kuala Lumpur-based full-stack food delivery startup Dah Makan announced that it has raised a US$1.3 million seed funding round from several investors including NFQ Capital, East Ventures, Asia Venture Group, Grupara, and angel investor identified as a former CEO of Nestlé.

According to a report by TechCrunch, Dah Makan CEO Jonathan Weins said that the startup plans to invest heavily in its technology, particularly on routing, clustering, and rider allocation learning.

However, Dah Makan is unlikely to plan an expansion to other Malaysian cities.

“This round will be focused on KL because the market here is so big, [there are] so many people we can reach,” Weins said.

Dah Makan offers what is called a “full-stack” service in the food tech scene. Instead of partnering with restaurants or caterers, Dah Makan does everything from cooking and preparing the meal, to delivery and payments.

It offers different kinds of food from traditional Malaysian, vegetarian, to international cuisine. Users are also able to do group orders for events or company lunches.

For deliveries, Dah Makan implemented a fixed schedule for lunch and dinner, with its Prime packages starting from RM99 (US$22) for five meals.

Also Read: Honestbee set to launch food delivery service next week

After dinner plan

Dah Makan (“Have you eaten?”) was founded in 2014 by Weins (CEO), Jessica Li (COO), and Christian Edelmann (CTO).

Weins and Li were both Rocket Internet’s Foodpanda alumni, and they founded the startup with the goal to make food delivery “more affordable and more convenient.”

Dah Makan cited plans to raise its Series A round “towards the end of the year.” After that, it plans to assess potential overseas expansion based factors such as population density, local spending power, and competitive landscape.

In Singapore, startups providing similar services to Dah Makan is Grain, which recently raised an undisclosed pre-Series B led by existing investor NSI Ventures to expand its business overseas.

In Indonesia, startups working in the same field as Dah Makan are Black Garlic and Berrykitchen.

Image Credit: Ali Inay on Unsplash.

The post Dah Makan digs in a US$1.3M seed funding round to bring food into your table appeared first on e27.

from e27 http://ift.tt/2m3qPDI

This entry was posted in #Asia by Startup365. Bookmark the permalink.

About Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !