Restaurant Franchise Opportunities

acquisition Sep, 24 2014

Zomato acquires Poland\'s Gastronauci for an undisclosed amount

Online restaurant guide, Zomato has acquired Poland\\\'s restaurant search service, Gastronauci, for an undisclosed sum as part of its ongoing expansion strategy in Europe.

By Franchise India Bureau
Zomato acquires Poland\'s Gastronauci for an undisclosed amount

Zomato, India based online restaurant, event listing & review site has acquired Poland-based restaurant search service Gastronauci for an undisclosed sum, stated a PTI report.

The transaction is expected to be completed by October. Post the acquisition, Zomato and Gastronauci will work on building and rolling out an integrated product in the coming months.

This is Zomato’s fourth acquisition in three months. In August, it acquired, a Czech Republic based online restaurant search service providers and Slovakia-based for a total of $3.25 million. It also bought New Zealand-based restaurant discovery service MenuMania earlier this year.

“Both Zomato and Gastronauci are committed towards building a platform to connect users and the restaurant industry. We will be building an integrated product combining our technology with Gastronauci’s reach in Poland,” said, Deepinder Goyal, Founder and CEO, Zomato.

Started in 2007, Gastronauci is a restaurant discovery and reviews site. The firm also offers mobile apps that enable users in Poland to look for places to dine out or order food from a database of over 26,000 restaurants across the country.

“We have had great success in building a strong and engaging user-base for Gastronauci in Poland since launch. We look forward to working with Zomato and use their technology and product expertise to bring a new enhanced experience for both consumers and merchants,” said Ola Lazar, Founder and CEO, Gastronauci.

Related: FreshMenu to add two brand names within next 2-6 months

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