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Acquisition · Enterprise Software & IT

Eat App acquires Indian startup ReserveGo

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Date
Company
Eat App
What it does
Restaurant reservation and CRM software provider
Kind
Acquisition
Founded
2015
Sector
Enterprise Software & IT

What they do

Eat App provides cloud-based restaurant reservation and customer relationship management applications

What happened

The company acquired Indian startup ReserveGo for undisclosed terms to expand its presence in India

Why it matters

This move follows a recent Series B funding round and a partnership with Swiggy for market entry

The details

  • Eat App has acquired ReserveGo, an Indian B2B table reservation platform.
  • The financial terms of the acquisition were not disclosed in the available facts.
  • ReserveGo was founded by Vijayan Parthasarathy and incorporated in 2022.
  • The founder previously co-founded inResto, which was acquired by Dineout in 2015.
  • ReserveGo offers seating management and guest experience software for restaurants.
  • Eat App announced this deal alongside a partnership with Swiggy for Indian market entry.
  • Eat App recently closed a $10M Series B funding round.
  • The acquisition supports Eat App's strategy to grow its footprint in the Indian market.

The bigger picture

  • Eat App is expanding its operations in India through strategic acquisitions and partnerships.
  • The company partnered with Swiggy to facilitate its entry into the Indian market.
  • Acquiring ReserveGo allows Eat App to leverage existing local infrastructure and customer base.

About the business

  • Eat App provides cloud-based restaurant reservation and CRM applications.
  • The platform helps restaurants manage bookings and customer relationships digitally.
  • The company focuses on serving the hospitality industry with software solutions.
  • Eat App aims to streamline operations for restaurants through technology.
  • The business model relies on providing SaaS tools to restaurant owners.
  • Eat App targets global markets with its digital reservation systems.
  • The company integrates with other platforms to enhance user experience.
  • Eat App's software helps optimize table turnover and guest satisfaction.
  • The firm operates as a B2B service provider for the food sector.

What happens next

  • Eat App plans to integrate ReserveGo into its broader Indian market strategy.
  • The company will continue to leverage its partnership with Swiggy for growth.

The deal

Type
acquisition

Founders

  • Nezar Kadhem, Co-founder
  • David Feuillard, Co-founder
  • Vijayan Parthasarathy, Founder of ReserveGo

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