Hometaste Tech Sdn. Bhd.
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Hometaste Tech Sdn. Bhd. - overview
Location
Petaling Jaya, -, Malaysia
Primary Industry
Internet
About
Hometaste Tech Sdn. Bhd. specializes in home-cooked food delivery services, connecting customers with local chefs in Malaysia's Klang Valley to provide authentic, quality meals directly to consumers. Founded by Win Sheng, Hometaste Tech Sdn.
Bhd. operates from its headquarters in Petaling Jaya, Malaysia. The company has undergone strategic developments since its inception in 2017, focusing on enhancing its online platform for food delivery. In September 2021, Hometaste raised USD 0.
55 mn in a Seed funding round led by 1337 Ventures, bringing the total amount raised to USD 0. 55 mn and the current company valuation to USD 2. 656 mn. Hometaste offers a variety of home-cooked meals through its online platform, featuring cuisines such as Chinese, Western, vegetarian, and Indian.
The service caters primarily to busy individuals and families in the Klang Valley region, allowing customers to conveniently order freshly prepared meals from local home chefs, thereby providing affordable and authentic dining options. In 2023, Hometaste reported a revenue of USD 1,996,973. 20, with an EBITDA of USD 22,417. 90.
The company's revenue model is based on transaction-based sales, where customers order meals directly from the platform, ensuring a steady income stream supported by a growing customer base. Hometaste plans to leverage its recent funding of USD 0. 55 mn raised in September 2021 to enhance its service offerings and expand into new geographical markets. The company aims to introduce additional meal options and streamline its online platform by the end of 2023, while also targeting expansion beyond the Klang Valley region as part of its growth strategy.
Current Investors
1337 Ventures
Primary Industry
Internet
Sub Industries
Food, Internet
Website
www.hometaste.com.my
Verticals
E-commerce, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Hometaste Tech Sdn. Bhd. - timeline of key events
Hometaste Tech Sdn. Bhd. - financials
| Fiscal Year Ended | Jul 31, 2018 | Jul 31, 2019 | Jul 31, 2020 | Jul 31, 2021 | Jul 31, 2022 | Jul 31, 2023 | Jul 31, 2024 | Jul 31, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 382,229 | 715,948 | 1,444,974 | 3,837,413 | 6,824,713 | - | - | - |
| % Revenue Growth (YoY) | - | 87.3% | 101.8% | 165.6% | 77.8% | - | - | - |
| EBITDA (USD) | (57,567) | (105,704) | (139,054) | 65,904 | (1,050,627) | - | - | - |
| Operating Income (USD) | (59,047) | (108,258) | (143,965) | 51,494 | (1,123,920) | - | - | - |
| Operating Margin | (15.4%) | (15.1%) | (10.0%) | 1.3% | (16.5%) | - | - | - |
| % EBITDA Margin | (15.1%) | (14.8%) | (9.6%) | 1.7% | (15.4%) | - | - | - |
| NET Income (USD) | (59,047) | (108,258) | (86,494) | 38,775 | (926,133) | - | - | - |
| % Net Margin | (15.4%) | (15.1%) | (6.0%) | 1.0% | (13.6%) | - | - | - |
Hometaste Tech Sdn. Bhd. - employee data
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