Online table reservation website, Dineout has acquired Bengaluru-based restaurant management solutions startup inResto, for an undisclosed amount. As a part of the deal, the entire team of inResto will join the Dineout team in Bengaluru. The acquisition of the cloud-based CRM platform will help Dineout to provide end-to-end solutions in restaurant management.
Also, this acquisition enables Dineout to provide a single dashboard for restaurants to manage table reservations, home delivery, takeaways, customer feedback, mobile payments, and loyalty programs.
Founded by BITS-Pilani graduate Vijayan Parthasarathy and IIIT-Hyderabad alumnus Vamsi Yalamanchili, inResto had seated over 1 million restaurant diners in Bengaluru, Mumbai, and Delhi with in six months of its launch.
Dineout currently operates in 8 cities in India, and claims to have over 1500 restaurants listings on its platform. It had launched apps for Android and iOS users. Founded in 2012 by Vivek Kapoor, Ankit Mehrotra, Sahil Jain and Nikhil Bakshi, it was acquired by Times Internet in April 2014 in a deal valued at $10 million (roughly Rs. 66 crores).