Online table reservation website Dineout announced that it has acquired Bangalore-based inResto Service Pvt Ltd on Monday. Post this acquisition, the entire team of inResto will join the Dineout team in Bengaluru.
inResto's cloud-based plug-and-play restaurant management solution will be marketed as inResto by Dineout, and will be used to provide restaurants an end-to-end restaurant management solution, from managing table reservations, to home delivery, takeaways, customer feedback, mobile payments, and loyalty programs.
Ankit Mehrotra, Co-Founder, Dineout said that the acquisition of the cloud-based CRM platform would provide restaurants a one-stop solution for restaurants, easing the process of table management, feedback, and marketing.
Vijayan Parthasarathy, Founder & CEO, inResto said that his application had seated over 1 million restaurant diners in Bengaluru, Mumbai, and Delhi in just six months post launch.
Founded in 2012 by Vivek Kapoor, Ankit Mehrotra, Sahil Jain and Nikhil Bakshi, it was acquired by Times Internet, a subsidiary of Bennett Coleman & Company Limited in April 2014 in a deal valued at $10 million (roughly Rs. 66 crores).