Zomato On Acquisition Spree Again, Buys Out U.S. Firm Nextable

MUMBAI: Gurgaon-based restaurant discovery platform Zomato today acquired the US-based online table reservation platform NexTable for an undisclosed amount.

The platform will soon be renamed to Zomato Book, according to a company statement.

The news comes on the heels of Zomato making a foray into the online ordering segment for which they started operations in Delhi-NCR through its mobile app today.

NexTable enables customers to make restaurant reservations online in real time and includes table management and marketing tools for restaurants.

With NexTable and MaplePOS in its pocket, Zomato will now further its reach into restaurants, the statement said.

These acquisitions will enable the firm to offer point of sale solutions, table management and reservation system services to restaurant businesses.

Zomato co-founder and COO Pankaj Chaddah said, "We want to own the communication layer between restaurants and customers. NexTable will add to this layer by bringing in the convenience of easy, online reservations for thousands of restaurants to our millions of users."
READ ALSO:
Top 10 Profitable Business Opportunities In India