Delhi-based restaurant table reservation startup, EazyDiner has raised a new Series B investment round worth Rs 41 crore.
The company provides a platform to assist users in making decisions when eating out based on reservations, reviews and other aspects of the service. The startup has a presence in 11 cities throughout India so far.
“India’s restaurant dining scene has been growing exponentially every year. EazyDiner is a play on India’s burgeoning restaurant industry and food and beverage consumption out of home,” Kapil Chopra, Co-Founder of EazyDiner said, as reported by Economic Times.
As of the new investment, the company is now worth approximately Rs 280 crore and is currently in the process of establishing a presence in Dubai. EazyDiner has now raised approximately Rs 70 crore.
The recent round was led by Denlow Investment Trust and Beenext. Denlow Investment Trust has previously invested in DSG Consumer Partners.
The new Rs 41 crore funding will be put toward the company’s loyalty program, while part of it will be used for the company’s international expansion plans. The company plans on expanding to five additional cities in India over the course of two months.
(Picture courtesy: http://gopikachowfladesign.com/eazydiner.html)
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