Hotline: 1800 102 2007
X
Search Business Opportunities
Aug, 26 2014

Zomato buys Czech Republic’s and Slovakia’s restaurant guide

The Lunchtime and Obedovat teams will be working closely with the Zomato team following this acquisition.

As part of its global expansion plans, online restaurant discovery platform Zomato has recently announced the acquisition of two popular restaurant guides viz., Lunchtime.cz and Obedovat.sk of Czech Republic and Slovakia respectively for a combined amount of $3.25 million. The latest acquisitions are a strategic move to establish Zomato's presence in central and Eastern Europe.

Commenting on the development, Deepinder Goyal, Co-Founder and CEO, Zomato, said, “Together Zomato, Lunchtime, and Obedovat will be able to build the largest resource of restaurant information in the Czech Republic and Slovakia.”

Zomato looks forward to combining the best of both business models to build an integrated product which the users as well as restaurant businesses will love once it's rolled out over the next few months, he added.

The company is also looking to infuse a further $2.5 million into their operations in the Czech Republic and Slovakia over the next couple of years."We'll be able to combine our local expertise and focused product offering around lunch menus, with the technology and rich content platform that Zomato brings to the table," said Igor Treslin, Founder and CEO, Lunchtime.

The Lunchtime and Obedovat teams will be working closely with the Zomato team following this acquisition. Zomato had early last month acquired New Zealand-based eatery discovery service provider menumania.co.nz for an undisclosed amount.

Comment
Related opportunities
  • Quick Service Restaurants
    About Us: Established in 2012, formed in the trend setting street..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Cosmetics & Beauty Product Stores
    About Us: Founded in 2002, in India, KAMA Ayurveda is a..
    Locations looking for expansion Delhi
    Establishment year 2002
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Health Care & Fitness
    About Body Building India Body Building India is a well-known name..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 250 - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • E-Commerce & Related
    MOS Utility Private Limited is offering franchise with high potential..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 10000 - 50 K
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Malad west Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities