Delhi-based table reservation platform Dineout acquires inResto, enters B2B segment
Delhi-based table reservation platform Dineout has acquired Bengaluru-based inResto Services Pvt Ltd. With this acquisition, Dineout has entered the B2B segment providing end-to-end solutions in restaurant management.
Founded in 2012 by Vivek Kapoor, Ankit Mehrotra, Sahil Jain, and Nikhil Bakshi, Dineout is a table reservation platform operating in seven cities, with listings of over 20,000 restaurants, and real-time reservation enabled at over 2000 restaurants. The venture is operating in Delhi-NCR, Mumbai, Bengaluru, Pune, Chennai, Kolkata, and Hyderabad. Last year, the venture was acquired by Times Internet, a subsidiary of Bennett Coleman & Company Limited.
“It has become the only open platform to connect with various services across the food-tech ecosystem. Our endeavour is to provide a holistic solution for restaurateurs for their guest management goals. With this acquisition, we will enable them with a one-stop-solution to the challenges of getting to know their customers better, easing the process of table management, attending to feedback, marketing special offers and a cloud-based CRM platform that is very easy to manage,” said, Ankit Mehrotra, Co-Founder, Dineout.
He adds that nresto by Dineout, as the product will be marketed, will ensure that restaurants get one dashboard to manage everything from table reservations, home delivery, takeaways, customer feedback, mobile payments, and loyalty programs.
Co-founded by Vijayan Parthasarathy and Vamsi Yalamanchili, inResto provides features like table management, reservations, CRM & analytics, home delivery & takeaway management etc.
Vijayan Parthasarathy, Founder & CEO of inResto, said, “The platform is an innovative application. In six months, we seated over one million restaurant visitors in Bengaluru, Mumbai, and Delhi. We are extremely excited to join the mission of Dineout, and together we will enable thousands of restaurants become smarter and more efficient with the inResto platform.” Post this acquisition, the entire team of inResto will join the Dineout team in Bengaluru.
Competition
During April this year, Zomato became another player in the segment with the acquisition of the US-based NexTable, a restaurant reservations and table-management platform. The new service is called Zomato Book. Vir Sanghvi-curated , a review and table reservation platform, raised $3 million Series A recently co-led by existing investor DSG Consumer Partners and new investor Saama Capital.
