HospitalityBiz India
Hotels FoodService Operations Ministry Associations Equipment Editorial HR Technology Technology Advisory Board Community
Follow us on Facebook Follow us on Twitter instagram
    Home > NewsTrack
NEWSTRACK

Swiggy announces acquisition of Dineout

Friday, May 13, 2022, 15:43 Hrs  [IST]
HBI Staff | Hyderabad

Swiggy announced today that it has entered into a definitive agreement with Times Internet to acquire Dineout, India’s leading dining out and restaurant tech platform. Dineout will continue to operate as an independent app post the acquisition.

 

Designed to capitalize on Dineout’s unique assets and leading position in the dining out space, the acquisition will enable Swiggy to cater to every food occasion. Swiggy will double down on the synergies with Dineout’s offerings, including dining out table reservations and events. In time, restaurant partners will be able to reach more customers and grow their business.

 

Dineout brings with it an industry-leading network of over 50,000 restaurant partners along with invaluable experience and proven technology. Swiggy will benefit from this, along with Dineout’s team, who are passionate about the restaurant dining out category. Founders Ankit Mehrotra, Nikhil Bakshi, Sahil Jain and Vivek Kapoor will join Swiggy once the acquisition is completed.

 

“Dineout is a well-loved brand that enjoys loyalty from both consumers and restaurants. Times Internet and the founding team should be credited for the transformational impact they have brought about in the dining out experience through their products, technology, and vast selection of restaurant partners,” said Sriharsha Majety, CEO, Swiggy. “The acquisition will allow Swiggy to explore synergies and offer new experiences in a high-use category.”

“At Dineout, we always wanted to revolutionize the restaurant industry and this acquisition is an accelerating step towards the same goal. We strongly feel that with Swiggy’s deep understanding of the ecosystem and our shared passion for a superior consumer and restaurant experience, our joint forces will help provide a holistic platform in this industry,” said Ankit Mehrotra, Co-founder & CEO.

“We are proud of the positive impact that Dineout has created for consumers and restaurants, helping streamline and improve the eating out experience. Swiggy + Dineout is a powerful combination, and we are excited to join forces with Swiggy as we continue to look for ways to delight customers,” said Satyan Gajwani, Vice Chairman of Times Internet.

 
Print News Email News Back
Bookmark to Add to NewsvineNewsvine Bookmark with del.icio.usdel.icio.us Digg ItDigg
Add RSS to Add to Google Add to My Yahoo! Subscribe with Bloglines Subscribe
 POST A COMMENT
* Name :    
* Email :    
* Message :  
   
RELATED NEWS
»  Anantara Announces its Second Property in Portugal, Anantara Royal Vila Viçosa Resort
»  Cedarmint Global announces the signing of debut resort property, The White Resort & Spa Pawna
»  IHCL Announces The Opening Of Vivanta Katra At Vaishno Devi
»  Crowne Plaza New Delhi Okhla announces Silk Route Food Festival
»  Wyndham Continues to Strengthen its Development Capabilities, Announces three Key Appointments in Eurasia
»  FHRAI Announces Student Scholarship Programme For B.Sc. In Hospitality & Hotel Administration At FHRAI-IHM
»  Mayfair Hotels & Resorts announces new senior-level appointments
»  Minor Hotels Announces Anantara Downtown Dubai Hotel
»  Anantara Hotels, Resorts & Spas Announces New General Manager Appointments in Africa, Indian Ocean and the Middle East
»  Pride Group of Hotels announces promotions system wide
»  IHCL announces Ahvaan 2025
»  OYO announces a free stay after 5 night stays
»  Novotel Chennai SIPCOT announces promotion of Karthick Bala Subramanian as Food and Beverage Manager
»  Minor Hotels announces agreement with DGDA in KSA, to develop an Anantara Hotel in Diriyah
»  IHCL announces the first Ginger hotel in Agra
»  Swiggy announces acquisition of Dineout
»  Leisure Hotels Group Announces the Opening of Fishermen’s Lodge In Bhimtal
»  Zuri Hotels & Resorts announces the Operational Handover of their in-house Onshore Casino in Goa to Delta Corp.
»  HCL Announces A Taj Hotel And Branded Residences In Chennai
»  IHCL Announces The Opening Of Anand Kashi By The Ganges, An IHCL SeleQtions Hotel In Rishikesh, Uttarakhand
 
CoverStory
Analysis
 
  The Indian Institute of Architects (IIA) Natcon 2020 virtual event concludes successfully
  Winners of The Park Elle Décor Student Contest felicitated at Indian Design ID 2020
 
weekly
Receive the best of Hospitality content in your mailbox.
Weekly e-Newsletter
Events Calendar




Events
 
 
people
interview
newappoint
expert
© Copyright 2016 Saffron Synergies Pvt Ltd
HOME   |   ABOUT US   |   CONTACT US   |   FEEDBACK   |   DISCLAIMER   |   SITE MAP   |   ARCHIVES