Zomato, an online and mobile restaurant search and discovery platform has obtained Poland’s leading restaurant search service Gastronauci for an undisclosed sum.
This acquisition becomes the fourth one in a span of 3 months this year. The other three being MenuMania, a New Zealand-based restaurant search service in July, 2014, Lunchtime.cz and Obedovat.sk of the Czech Republic’s and Slovakia’s restaurant guides in August.
Zomato was founded by Deepinder Goyal and Pankaj Chaddah in 2008 and since then has raised around $53.8 million (Rs 322 crore) in five rounds from Sequoia and Info Edge.
It earns revenues from advertisements that restaurants post on its site. It provides information on over 2,60,000 restaurants across 16 countries, and serves over 25 million monthly visitors globally.
Gastronauci’s website and mobile app helps users in Poland look for places to dine out or order in from a database of over 26,000 restaurants across the country, thereby creating a brand for itself and has significant advantage compared to other competitors.
“We are excited to work on building an integrated product combining our technology with Gastronauci’s exhaustive reach in Poland,” said Goyal, reported Business Line.
“The company is planning to expand into multiple geographies in the immediate future and expansion in Europe is one of our key focus areas. We are delighted to have Gastronauci on board and look forward to strengthening our presence further in Central and Eastern Europe.” said Pramod Rao, Director – International Operations, Zomato.
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