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Zomato acquires Lunchtime & Obedovat for $3.25M to enter Czech Republic & Slovakia

Restaurant search and discovery service Zomato has acquired Czech Republic's restaurant guide Lunchtime.cz and Slovakia's restaurant guide Obedovat.sk for a combined amount of $3.25 million to enter the respective markets. Zomato mentions that the Lunchtime acquisition is already complete while the Obedovat acquisition is expected to be completed by end of September. Following these acquisitions, the Lunchtime and Obedovat teams will be working closely with Zomato and the integrated product is expected to be rolled out over the next few months. The company mentions it will invest a further $2.5 million into its operations in these countries. Lunchtime was founded in 2008 by Igor Treslin and Adam Kurzok while Obedovat was founded in 2004 by Creative Web Group. Acquisition spree These acquisitions follow Zomato's acquisition of New Zealand-based online restaurant guide MenuMania last month. At the time, Zomato founder and CEO Deepinder Goyal had mentioned that they were in advanced…

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