Dineout,
India’s largest Dining Out Platform,
today announced the acquisition of Pune-based Torqus, a leading SaaS
based restaurant management software provider, further strengthening its
position as a full stack technology service provider in the online
restaurant-booking space.
The acquisition of Torqus, will further enhance
Dineout’s bouquet of services to the restaurant industry and along with
inResto, a one-stop CRM platform for Recognising, Personalising and Re-engaging
Diners, will provide an end-to-end tech solution for the Restaurant industry as
a whole covering a wide range of use cases.
Announcing the acquisition of Torqus, Mr. 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 thus effectively making Dineout a full-stack technology service provider
to the restaurant Industry. While most of the innovations have been taking
place in the aggregation and delivery space, Dineout and Torqus, combined, will
enable us to tap in the immense possibilities in the restaurant market. The
wide range of SaaS products offered by Torqus and the wide reach of Dineout
will certainly redefine the restaurant market in India.”
The platform consisting of Dineout, Dineout Pay,
Gourmet Passport, Torqus and inResto will become the largest platform in India
offering B2C and B2B services to the
restaurant industry with a combined client base of nearly 10,000
restaurants across 70+ cities in India.
In all, this is Dineout’s third acquisition and
second this year after Gourmet Passport. Dineout has first acquired Inresto in 2015. On
the acquisition, Co- Founder and CEO of Torqus, Tanmay Ratnaparkhe said,
“Torqus is already the most comprehensive SaaS based restaurant management software platform
in the industry. 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”.
He further added “Today, nobody else can claim to
map the entire end customer spectrum as
intricately as we can do now. The entire team of Torqus will join Dineout post
acquisition where it will run as an independent business. The additional
resources will assist us in ensuring innovation and client deliverables are
achieved at a much higher pace.”
Torqus’ key products are around Point Of Sale
(POS), Head Office and Supply Chain Management.
POS software takes extensive care of all the functionalities of a
restaurant outlet, ranging from steward management to dynamic menu while Head
Office accumulates customer data, manages and tracks delivery stages,
aggressive SMS marketing, as well as manoeuvre data from a single access point.
Its Supply Chain Management enables efficient management of the restaurant
chain inventory by strategically co-ordinating all the business function,
ranging from procurement and manufacturing to sale estimation and invoicing.
Launched as a POS service provider in 2013
by Tanmay Ratnaparkhe and Suneet Kulkarni, Torqus is now being used in more
than 3500 outlets across 70+ cities
in five countries. Torqus offers a cloud based SaaS platform for the restaurant
business. Its all-inclusive cloud based restaurant software system helps
restaurateurs manages all their back end activities, ranging from procurement
to billing to taking feedbacks from end customers post the meal. Torqus boasts a client lists that includes
Freshmenu, Theobroma, The Bowl Company, Curefit, Coffee by Di Bella, Swensen's,
Barshala, Baker’s Basket, Malaka Spice, InnerChef and many more.
About Dineout:
Dineout was founded in 2012 by
school-friends turned entrepreneurs Mr Ankit Mehrotra, Mr Vivek Kapoor, Mr
Sahil Jain and Mr Nikhil Bakshi. Dineout is India’s Largest Dining Out Platform
currently seating more than 10MN happy diners
across 6,500 restaurants in top 9 cities;
Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Pune , Kolkata , Ahmedabad &
Chandigarh. On Dineout ,one can discover the best restaurants in their city,
save time & hassle by reserving a table in advance, enjoy the
best-in-the-industry F&B offers including 1+1 across
Food, Drink & Buffets through Gourmet Passport, as well as earn cashback on
every restaurant bill payment via integrated payment option, Dineout Pay. Dineout
was acquired by Times Internet Limited in April 2014.
३० साल की यामी गौतम, ५ मजेदार तथ्य- पढ़ने के लिए क्लिक करें
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