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Dineout buys out inResto for new all-in-one strategy

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Dineout, an online restaurant reservation service has acquired restaurant management solutions firm inResto Services Pvt Ltd for an undisclosed amount.

The acquisition enables Dineout to provide a single dashboard for restaurants to manage table reservations, home delivery, takeaways, customer feedback, mobile payments, loyalty programs and a slew of activities.

“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, c0-founder, Dineout.

As part of the deal, the entire team of inResto will join the Dineout office in Bengaluru. inResto claims to have seated over one million restaurant diners in Bengaluru, Mumbai and Delhi within six months of its launch. It was founded by BITS-Pilani graduate Vijayan Parthasarathy and IIIT-Hyderabad alumnus Vamsi Yalamanchili.

Inresto was founded by BITS-Pilani graduate Vijayan Parthasarathy and IIIT-Hyderabad alumnus Vamsi Yalamanchili. The duo worked with Samsung Research India for 10 years before starting Inresto.

Dineout Services is owned by the Times Group.

Source: VC Circle

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