Wanna get our awesome news?

Subscribe to our newsletter!


Actually we won’t spam you and keep your personal data secure

As the voice of the Indian restaurant industry, we represent the interests of 500000+ restaurants & an industry valued @ USD 4 billion. Whether a chain or independent restaurant, the NRAI is here to help every step of the way. Join us!


OUWT gets USD 150K to expand to Pune & Bengaluru


The GPS-enabled app connects users to the place of their choice when they want to go out to party.

The Mumbai-based startup has raised USD 150,000 from a group of undisclosed angel investors to expand its operations and venture into other cities. OUWT is founded by Prateek Lal, Shreyas Rajagopal and Yuvraj Bhalla.

It competes with firms like Guestlist and Happitoo. Last month, Happitoo raised a seed round of USD 77,000 from a Mumbai-based unnamed angel investor to develop its product experience and for marketing.

OUWT allows users to discover venues such as lounges, bars, nightclubs, gastropubs and restaurants, be it food, music, timings or the occasion it is suited for. The app provides the hot spots which are trending on that particular day as well as helps users to search for hangout destinations based on the type of music played. It uses data-points as well as a social engagement model to help users find places that suit their taste using a host of filters.

Through the app, people receive live feed and get relevant information of what’s happening around depending on their budget and mood and can compare prices of alcohol available at venue. Currently, it is operational in Mumbai and lists about 300 venues. By December-end, it will start operations in Pune and Bengaluru.


The startup claims that the app has crossed 3,000 downloads so far. Some of the venues listed on its platform paying for its services and the company’s also plans to have an additional revenue stream via social networking features, geo-fencing and advertising through tie-ups with brands.

Other players operating in the space are Instabounce and Partiko among others. These niche apps are also competing with restaurant discovery apps like Zomato and Dineout. Since their download numbers are still small in comparison to the existing firms in this space, it’s too early to evaluate which one would emerge out among the rest.

Source: I Am Wire

Recommended for you