Why Loofre is investing millions in expansions?

RI Bureau 

Loofre is investing 1 million dollars in expansions and increasing its tie-ups across India to bolster its operation.

The table reservation player has already expanded to nine major cities across India with tie-ups more than 800 restaurants in short span of three months.

Loofre also plans to go international expanding its services to cities like Dubai, Hong Kong and Singapore.

The start up is also looking to expand exponentially through organic or inorganic growth and is planning to introduce iwellness categories and vouchers business.

This promoter believes will increase the traffic and profits further for the still pledging start up in equal proportion.

“We are delighted to share that Loofre is now on a major expansion mode. Even though our target is India but we are not restricted to any geographical location and also looking towards expanding our services either organically or inorganically to countries like UAE, Hong Kong & Singapore”, shared Rohit Mahajan, Managing Director of Loofre.

Loofre.com has identified the service gap in this area and promises to change the dining out experience considerably. This is a big-leap forward from the traditional table reservation service and being interactive connects restaurants and diners to discover the best offers or discounts in nearby locations along with the added advantage of personalized hospitality according to the diner’s need, cuisine, budget and preferred ambience.

Additionally, it will also update customers about all the latest events in the city, be it the best offers available in the city or parties happening around.

Loofre will soon come up with an app based next generation booking engine. The website would also be complemented by Social Media Applications, Merchant Applications and Consumer Applications. Eventually consumers can Book, Place Order and Pay through Mobile.

Now, one can book table through social networking sites. The exclusive tie-up with restaurants entails that those restaurants which have gauged the worth of this tie-up have shared Loofre.com’s platform on their websites and apps. Hereafter, all table bookings of people would be redirected to the Facebook page which eventually connects to Loofre.com.