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Nov, 29 2018

Dineout buys SaaS-based restaurant management startup Torqus

With this acquisition, Dineout will expand its services and strengthen its position as a full stack technology service provider in the restaurant domain.

Dineout, an online restaurant reservation platform owned by Times Internet Ltd, has acquired Pune-based Torqus, a leading SaaS-based restaurant management software provider.

With this acquisition, Dineout will expand its services and strengthen its position as a full stack technology service provider in the restaurant domain.

After the acquisition, the Torqus team will join Dineout and it will continue to operate as an independent business. 

Ankit Mehrotra, Co-Founder & Business Head, Dineout said, "The food industry is thriving with innovations and we are excited to announce the acquisition of Torqus. While most of the innovations have been taking place in the aggregation and delivery space, Dineout and Torqus, combined, will enable us to tap the immense possibilities in the restaurant market."

Tanmay Ratnaparkhe, Co-Founder and CEO of Torqus, stated, "We are excited to join Dineout as together we can deliver the best end to end experience to restaurateurs - from generating new business to managing backend operations."

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