OpenTable Chalo

US-based online restaurant booking service OpenTable has acquired the Mumbai-based mobile technology firm Just Chalo for $11 million in stock and cash.

The company said that following the acquisition, JustChalo employees will join OpenTable’s mobile development team to improve its existing mobile experience for diners and its restaurant customers. OpenTable currently has a mobile site and native apps on iPhoneiPadAndroid, Kindle FireBlackBerry, and Windows Phone.

OpenTable noted that mobile reservations accounted for 36% of the 34 million reservations (i.e. around 12.2 million reservations) in Q1 2013 and it claims to have clocked more than 60 million mobile reservations since the launch of its mobile apps in November 2008.

Just Chalo was founded by the former FutureBazaar president and Chaupaati Bazaar founder Kashyap Deorah and Rishi Deshpande in 2012 and is a mobile technology firm which had offices in Mumbai, India and Saratoga, California and was focused on the American restaurant industry, as indicated by the company website.

The company had raised undisclosed amount of investment from Aricent founder Ash Bhardwaj and Webaroo & founder Rakesh Mathur in March 2013, as indicated a TechCircle report. The report also said that Just Chalo was in the process of developing a US-focused mobile payments app called Chalo. However, it looks like the company hasn’t launched the app yet, since we couldn’t find it on the company website or elsewhere at the time of writing this article.

On the other hand, Open Table is a US-based online restaurant booking service which claims to offer online booking facility across more than 28,000 restaurants in six countries including United States, Canada, Germany, Japan, Mexico and the UK and claims to generate around 12 million reservations per month. It also claims to power online reservation facility for around 600 brands including AOL, Boulevards and Foursquare among others.