/Companies

jalebi

DefunctTechstars '21

Dubai, AE · Founded 2021 · 13 employees on LinkedIn · 1 known investors

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Jalebi is a cloud-based operating system for food and beverage businesses that optimizes inventory management using AI to reduce food costs, waste, and working capital losses. The platform serves restaurant operators of all sizes with real-time insights, inventory tracking, and operational tools accessible from any device.

Also known as jalebi · Jalebi.io

Investors · 1

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · funding news · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Company profile

researched Sep 2026

Jalebi (jalebi.io) was a Dubai-based software-as-a-service platform positioning itself as an "inventory-first" operating system for food and beverage businesses. Launched in 2021, the cloud-based product combined point-of-sale with inventory automation, supplier/CRM and restocking management, a "universal menu" acting as a single synchronized source of truth for menus and recipes, production and supply-chain tracking across kitchen networks, and data-driven operational insights. The company said artificial intelligence and machine learning were used to help operators predict and control food cost through the product life cycle, automate restocking, speed order processing and reduce waste and theft associated with manual inventory processes.

The company framed its market opportunity around operator pain points it cited publicly: an average food cost ratio of roughly 35%, 17% of food wasted before reaching the customer, 50% of businesses closing after one year of operation, and approximately $60 billion of working capital lost by operators; its CEO also cited over $360 billion of potential value lost to rudimentary manual inventory management. Jalebi served restaurants of all sizes, from single cafés to multi-location chains, across segments including quick-service restaurants, bakeshops, fast food and fine dining, and advertised onboarding in under 90 minutes plus a 90-day free trial. The platform was accessible from any internet-connected device.

In August 2026 jalebi.io announced it was shutting down permanently, without disclosing the reasons.

Founding story

Co-founder and CEO Zohare Haider graduated from college in the US in 2004 and returned to Pakistan, where a restaurant quality issue prompted his first venture, foona, a venue feedback and information platform begun in 2005 and worked on part-time for about 15 years. In 2014 he attended the Web Summit in Dublin and subsequently launched the digital agency Digital Street in 2015 with his wife as co-founder, leaving his corporate job in 2018 to work full time on the agency as a platform for his next venture. foona was shelved when COVID-19 hit. Haider and co-founder Rizwan Ahmed Khan pitched several concepts before being accepted into Sheraa's S3 program and, on a second attempt, Techstars in 2021 with a menu manager for restaurants. Customer discovery interviews with hundreds of restaurant owners — in particular a conversation with owner Ahmad Bondouq, who wanted a single system connecting the back and front of the restaurant — redirected the effort from foona into Jalebi. Early advisor Ali Samir, met through a Karachi incubator, was described as instrumental to the transition.

Business model

Jalebi sold its platform to F&B operators on a subscription basis at $100 per outlet per month billed annually, and additionally applied a results-driven model tied to food cost savings for fully onboarded clients. Management said it planned to add further revenue streams including payment service provider and procurement deals, as well as decarbonization-related offerings.

Recurring SaaS subscription revenue per outlet, supplemented by performance-based fees linked to client food cost savings, with planned expansion into payments, procurement and decarbonization-linked revenue streams.

Traction

The company said it perfected the platform over two years by co-building with more than 50 brands, and that after commercial launch in 2024 it saw 131% month-on-month growth, deal flow exceeding $1 million in annual recurring revenue terms and a waitlist of more than 400 outlets. It reported presence in over five key markets as of 2023 and operations in the UAE, Saudi Arabia, Oman, Pakistan and Canada, later described as kitchen networks across six Gulf markets, and signed institutional contracts with leading brands.

Latest developments

In November 2025 jalebi.io received the MAJRA Gold Seal. In August 2026 the company announced it was permanently shutting down, publishing a farewell message thanking its team and encouraging other founders to continue tackling hard problems; it did not disclose the reasons for the closure.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Jalebi positioned itself between enterprise restaurant software and SME-oriented tools, describing its platform as leaner, faster to implement and more competitively priced than enterprise solutions while more feature-rich than SME products, and as the only inventory-first restaurant operating system. It reported winning customers migrating from Microsoft, SAP and Oracle systems.

Management described an inventory-first architecture paired with AI and machine learning as the core differentiator, alongside faster implementation and lower pricing than enterprise systems, a richer feature set than SME tools, onboarding in under 90 minutes, and a product co-created with operators drawing on more than 100 years of combined F&B experience among employees and advisors.

Technology

A cloud-based restaurant operating system built around inventory, using artificial intelligence and machine learning to automate restocking, forecast and measure food cost across the product life cycle, and generate real-time operational insights. Modules included point-of-sale, supply/supplier management with CRM, a universal menu and recipe layer synchronized across locations, and production and supply-chain tracking across kitchen networks.

Go-to-market

The company marketed through free demos and a one-month free offer, a 90-day free trial, a beta waitlist, and rapid onboarding claims, and built its pipeline by co-developing the product directly with restaurant owners. Visibility came through accelerator and government innovation programs including Techstars, Sheraa's S3, Hub71, STC and the Mohammed Bin Rashid Innovation Fund (MBRIF), and through awards and competitions such as the UAE Future100 designation, Deloitte Fast50 and Expand North Star's TOP MENA competition.

Food and beverage operators of all sizes, from independent cafés and single restaurants to multi-branch chains, spanning quick-service restaurants, bakeshops, fast food and fine dining formats, including institutional brands migrating from systems such as Microsoft, SAP and Oracle.

Geography

Headquartered in the UAE (Dubai), with operations reported in the UAE, Saudi Arabia, Oman, Pakistan and Canada, described in 2023 as a presence in more than five key markets and later as coverage of kitchen networks across six Gulf markets.

History

Jalebi was launched in 2021 in the UAE by Zohare Haider and Rizwan Ahmed Khan, following the team's selection into Sheraa's S3 program and Techstars in 2021. The product was developed over roughly two years alongside more than 50 brands before a commercial launch in 2024, expanding into Saudi Arabia, Oman, Pakistan and Canada and accumulating recognition from the UAE Ministry of Economy's Future100 initiative, MBRIF, Hub71, Deloitte's Fast50 impact ranking and Expand North Star's TOP MENA competition, and the MAJRA Gold Seal in November 2025. The company announced a permanent shutdown, reported in August 2026.

Risks & controversies

The company ceased operations permanently, as announced in reporting dated August 2026, without disclosing the reasons. Prior to closure it had stated that its immediate goal was to complete a seed round to secure 24 months of runway to reach breakeven, indicating dependence on further financing. Growth and revenue figures such as the 131% month-on-month growth rate, $1 million ARR deal flow and 400-outlet waitlist are company-provided and not independently verified in the available reporting.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Brands co building platformJan 202450 brands
Deal flow arrJan 2024$1M
Free trial lengthSep 202390 days
Gulf markets coveredAug 20266 markets
HeadcountAug 202613
Markets servedSep 20235 markets
Month on month growth rateJan 2024131%
Onboarding timeJan 202590 minutes
Outlet waitlistJan 2024400 outlets
Price per outlet per monthJan 2024$100

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

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MarketManMarketMan provides software solutions for restaurant operators and foodservice distributors, offering inventory management, supply chain optimization, and business intelligence tools. The platform serves over 15,000 restaurant operators globally and is powered by Meal Ticket, a leader in foodservice technology.
SupyWilliam Stanley is a hospitality-only accountancy firm that helps restaurants understand and optimize their financial performance through detailed P&L analysis, inventory controls, and financial training. The firm supports 600+ restaurants across the UK, US, Middle East, and Hong Kong.
CubohCuboh provides software for restaurants to manage operations including tablet consolidation, centralized reporting, and menu management in the digital era.
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Companies working in the same space as jalebi.

Timeline · 9

launches, deals, and filings
Aug 2026
Backing from angel investors and regional venture funds

Reporting on the company's closure stated that jalebi.io had raised investments from angel investors and venture funds in the region; no amounts were disclosed.

source ↗

Aug 2026
Jalebi.io shuts down permanently

The company announced a permanent shutdown, publishing a farewell message to its team and the startup community. It did not disclose the reasons for closing.

source ↗

Nov 2025
MAJRA Gold Seal

Jalebi.io received the MAJRA Gold Seal in November 2025.

source ↗

Jan 2024
UAE Future100, Deloitte Fast50 impact ranking and Expand North Star TOP MENA recognition

Jalebi reported receiving the UAE Future100 award, a number six ranking in Deloitte's Fast50 for impact, and recognition in Expand North Star's TOP MENA competition.

source ↗

Jan 2024
Participation in MBRIF Innovation Acceleration Program

Jalebi joined the Mohammed Bin Rashid Innovation Fund accelerator program, which the company said provided mentorship, market insights and network access alongside funding support.

source ↗

Jan 2024
Commercial launch

Jalebi launched commercially in 2024 after roughly two years of co-building the platform with more than 50 brands.

source ↗

Jan 2022
Zohare Haider named Inspiring Founder of the Year by Sheraa at SEF 2022

CEO Zohare Haider was awarded 'Inspiring Founder of the Year' by Sheraa at SEF 2022, and 'Most Networked Mentor' by Dubai Smart City Accelerator.

source ↗

Jan 2021
Selected into Techstars and Sheraa S3 accelerator programs

After a second application, the founding team was selected by Techstars in 2021 with a menu manager product for restaurants, and was accepted earlier the same year into Sheraa's S3 program.

source ↗

Jan 2021
Jalebi launched

Jalebi.io launched as a UAE-based restaurant operating system and SaaS platform for inventory management and point of sale.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does jalebi do?
Jalebi was a UAE-based inventory-first SaaS operating system combining POS, inventory and supply management for F&B operators.
Who are jalebi's investors?
jalebi's investors include Techstars.
Where is jalebi headquartered?
jalebi is headquartered in Dubai, AE.