About Foaps
Foaps is a company based in Kozhikode (India) founded in 2017 by Abdul Salah and Muhammed Migdad. It operates as a SaaS (Software-as-a-Service). Foaps has raised $57.89 thousand across 2 funding rounds from investors including Vyomesh Thakker, Ahmed Fasih Akhtar and Firoz Karumannil. Foaps offers products and services including Order Management System, Menu Management, and In-depth Reports. Foaps operates in a competitive market with competitors including Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
- Headquarter Kozhikode, India
- Founders Abdul Salah, Muhammed Migdad
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Lasper Technologies Pvt. Ltd.
- Date of Incorporation 16 May, 2017
- Jurisdiction Cochin, Kerala, India
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Annual Revenue
$3.86 K (USD)47.98as on Mar 31, 2020
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Net Profit
-$7.33 K (USD)53.5as on Mar 31, 2020
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EBITDA
-$7.3 K (USD)53.56as on Mar 31, 2020
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Total Equity Funding
$57.89 K (USD)
in 2 rounds
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Latest Funding Round
$25.89 K (USD), Angel Round
Mar 10, 2022
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Investors
Flat6Labs Bahrain
& 3 more
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Employee Count
Not available
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Products & Services of Foaps
Foaps offers a comprehensive portfolio of products and services, including Order Management System, Menu Management, and In-depth Reports.
Centralized system for managing online food orders efficiently.
Automates menu updates across multiple delivery platforms instantly.
Provides detailed insights for restaurant business growth strategies.
Funding Insights of Foaps
Foaps has successfully raised a total of $57.89K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $25.89 thousand completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Foaps
Foaps has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Vyomesh Thakker, Ahmed Fasih Akhtar and Firoz Karumannil.
| Investor | Description | Founded Year | Domain | Location |
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Startup accelerator firm backed by Tamkeen
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VT
Vyomesh Thakker |
Angel investor and entrepreneur, focused on tech startups in India.
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AF
Ahmed Fasih Akhtar |
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Investor details for Foaps
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Investments & Acquisitions by Foaps
Investment portfolio details for Foaps
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Financial Statements - Foaps
Detailed financials for Foaps
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Foaps Comparisons
Peer comparison for Foaps
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Competitors of Foaps
Foaps operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
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Restaurant operations are managed via a cloud-based platform.
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Olo is recognized as a restaurant technology platform provider.
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Online ordering solutions are provided for restaurants.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Delivery channels management software is provided for restaurants.
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SaaS solutions for restaurant online ordering and analytics are offered.
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Detailed competitors of Foaps
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Latest news on Foaps
Complete news archive for Foaps
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Frequently Asked Questions about Foaps
Foaps was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Foaps is headquartered in Kozhikode, India. It is registered at Kozhikode, Kerala, India.
Muhammed Migdad is the current CEO of Foaps. They have also founded this company.
Foaps is a funded company, having raised a total of $57.89K across 2 funding rounds to date.
Annual revenue of Foaps is $3.86K as on Mar 31, 2020.
Foaps is established as an online restaurant order management system based in India. The company is focused on modernizing restaurant operations through a centralized platform. Solutions are provided for managing online food orders, automating menu updates, and generating in-depth reports for business insights. The system is designed to support various culinary businesses, including restaurants, cafes, bakeries, cloud kitchens, and food trucks. Integration with multiple food delivery apps is facilitated to streamline operations and enhance efficiency across the sector.
Foaps's top competitors include Toast, UrbanPiper and SpotOn.
Foaps offers Order Management System, Menu Management, and In-depth Reports.
Foaps has 4 investors. Key investors include Vyomesh Thakker, Ahmed Fasih Akhtar, Firoz Karumannil, and Flat6Labs Bahrain.