Teh mentioned Food Market Hub doesn’t view these firms as rivals, as a result of they concentrate on supplying produce and different ingredients to restaurants. Instead, Food Market Hub’s core business “is a communication platform that enables eating places to speak with and place orders to their present suppliers,” she mentioned. Part of Food Market Hub’s Series A might be used to increase into Indonesia, Thailand and Vietnam. Teh informed TechCrunch that the company chose those three countries because they are the largest food and beverage markets in Southeast Asia, and share many similarities with Malaysia.
Many eating places nonetheless rely on spreadsheets to track their inventory of produce, meat and different components. But utilizing manual methods often leads to food wastage and higher costs. Malaysia-based mostly Food Market Hub is a cloud-based platform that connects food and beverage (F&B) retailers directly to suppliers, making it easier to communicate and …