
Menu Group
Creating the online flowers, beverages and restaurant food delivery service leader in the Caucasus..
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | $3.0m | Early VC | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Menu Group is a pioneering food delivery company with a strong presence in Armenia and Belarus. Established in 2012 by Vahan Kerobyan, Mariam Harutyunyan, and Musegh Hakobyan, the company has grown to become the top food delivery service in the region. Menu Group operates through its platforms Menu.am in Armenia and Menu.by in Belarus, serving a diverse clientele that includes individual consumers and partner restaurants. The company leverages cutting-edge technology to streamline the food ordering and delivery process, ensuring a seamless experience for its users.
Menu Group's business model revolves around a commission-based structure, where the company earns revenue by charging partner restaurants a fee for each order placed through its platform. Additionally, Menu Group offers premium services and advertising opportunities to its partners, further diversifying its income streams.
The market in which Menu Group operates is highly competitive, with a growing demand for convenient and reliable food delivery services. The company's innovative approach and commitment to customer satisfaction have enabled it to capture a significant market share and expand its operations rapidly.
With a dedicated team of over 1,000 employees, Menu Group continues to focus on its mission of bringing joy to its customers through exceptional service. The company's strategic partnerships and continuous investment in technology position it well for sustained growth in the future.
Keywords: food delivery, Armenia, Belarus, ecommerce, food tech, partner restaurants, commission-based, customer satisfaction, rapid growth, innovative.