Noida-based Pocketin, a real-time restaurant deal startup, has raised USD 150,000 in a seed round funding from Hong Kong based Swastika Company Ltd. The startup aims to consolidate the eating-out space.
The app centres around a user sending a reservation request at multiple restaurants at once citing his discount bid. Within 30 minutes, the user receives responses from the restaurants with a simple yes or a no, which the company says helps the diner make his selection based on which restaurant is willing to give him the best price and service.
The company says that since launch four months ago, it has grown organically by word-of-mouth referrals to reach 8000+ downloads and 6500+ diners. It aims to partner with more than 1200 restaurants in Delhi NCR in the next six months and seat more than 1 lakh diners.
It has plans to expand operations to Mumbai, Bengaluru and Dubai in the next phase. “Our aim right now is to create a more intuitive experience for the user. The data points we are capturing on the platform is much more than what similar apps in the food-tech domain are able to capture because of the detailed interaction our app has with the user. This will help us to suggest the user more relevant restaurants and deals when he is looking for them without him having to make all that effort” says Anirudh Mondal, COO Pocketin.
