wordpress blog stats
Connect with us

Hi, what are you looking for?

Dineout Raises Rs 60L Angel Funding From Travel Boutique Online Founders

Dineout Services Pvt Ltd that runs an online restaurant booking site Dineout.co.in, has raised an angel round of funding from the founders of Travel Boutique online – Ankush Nijhawan and Gaurav Bhatnagar, a B2B online travel agency, as reported by TechCircle.

According to another report by Pluggd.in, Dineout seems to have received Rs 60 lakh in the angel round. The company claims that the investment will be used to grow technology back end, develop mobile applications for platforms such as iOS and Android, and for marketing. The company also plans to expand its operations in Mumbai and Bangalore by the end of first quarter in 2013.

The website offers online booking of restaurants as well as booking from phone. Apart from that, it also offers discounts while booking a restaurant, and also allows users to book restaurants over BBM (BlackBerry Messenger). The site currently accepts booking in Delhi – NCR and claims to have tied up with more than 200 restaurants in the region. Dineout was founded by Ankit Mehrotra, Sahil Jain and Nikhil Bakshi. The company claims that it is clocking 8,000 bookings a month.

In April 2012, MIH Group, a subsidiary of Naspers, and owner of Ibibo, acquired a 51% stake in Gurgaon-based travel company Tek Travels, which owns B2B travel portal Travel Boutique Online.

Other Players

Dineout competes with Tablewalla.com, an online restaurant reservation site, which recently launched its website in Beta and has started accepting table booking for restaurants in Mumbai and Delhi. There’s also JustEat, which launched its services in India by acquiring  HungryZone. JustEat lists “750+ restaurants” for takeways and table bookings, and has only expanded to Bangalore, Mumbai and Delhi.

Advertisement. Scroll to continue reading.

Apart from that it also competes with FoodPanda, an online food ordering service owned by Rocket Internet, which launched in India in June this year. FoodPanda lists 232 restaurants in Delhi. Bookurtable.com, a web and mobile service that allows users to make restaurant reservations and order food in seven Indian cities including Bangalore, Chennai, Delhi/NCR, Hyderabad, Kolkata, Mumbai and Pune. TableGrabber is another online service that allows users to book and get confirmed restaurant reservations in Delhi/NCR and Mumbai.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

News

By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

News

By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ