Restaurant search and discovery service Zomato has acquired Poland’s restaurant search service Gastronauci for an undisclosed amount. With this Zomato has completed 4 global acquisitions in the past three months. It had acquired New Zealand-based restaurant search service MenuMania in July, and Czech Republic’s restaurant guide Lunchtime.cz and Slovakia’s restaurant guide Obedovat.sk for a combined amount of $3.25 million in August. Zomato now has a presence in 16 countries.
At the time of the MenuMania deal, Zomato founder and CEO Deepinder Goyal had told The Economic Times that global acquisitions has been a focus since the company raised $37 million Sequoia Capital and Info Edge in November last year. The company is currently working towards establishing itself in the restaurant discovery space in Central and Eastern Europe.
Founded in 2007 by Ola Lazar, Gastronauci claims to have a database of over 26,000 restaurants across Poland. Following this acquisition, the Gastronauci team is expected to work closely with Zomato. The two companies also claim to be working on an integrated product and expect to roll it out within a few months.
Global expansion spree
– Last month, Zomato co-founder Pankaj Chaddah told Livemint that the company plans to enter 10 new markets over the next five-six months through organic and inorganic expansion. This includes Canada, Ireland, Poland, Malaysia, Vietnam, Jordan, Oman and Colombia.
– At the same time, he told TechCrunch that Zomato will enter Canada within the next two months and US by the second half of 2015. The North American market will be crucial for Zomato, because it will face stiff competition from Yelp, the dominant player in the market.
– In August, Zomato also expanded its presence in South America by launching in Chile’s capital Santiago. The company had claimed that initially information for 7,000 restaurants in the city will be made available in both English and Spanish.