Restaurant Franchise Opportunities

acquisition Jul, 25 2013

Yelp to Acquire SeatMe

The US based Company to bring in online restaurant reservation.

By Franchise India Bureau
Yelp to Acquire SeatMe

Yelp Inc., the US-based company that owns and operates the business directory and review site Yelp.com, is in the process of acquiring the restaurant management system start-up SeatMe for $12.7 million in a cash-and-stock deal.

 

SeatMe’s web app enables restaurant owners to add online reservation systems to their own sites or Facebook pages. Once that is in place, restaurants can facilitate online reservations, manage the restaurant floors and track their walk-in guests.

 

Quite a few start-ups in India are operating in the online restaurant reservation space. And all of them stand a chance to get acquired by Just Dial Ltd, which runs the local-specific online business directory Justdial.com.

 

The company is already looking to add a new revenue stream and is in the process of striking an arrangement with a large restaurant chain that will enable consumers to use Just Dial’s mobile/web platform to place orders for home delivery of food. Just Dial will manage the call centre for the restaurant chain.

Related: Sattviko takes over FYNE Superfood to ramp up its packaged products business

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