Indian food delivery company Swiggy acquires Dineout for $200 million
Swiggy, a food delivery company based in India has acquired Dineout, a tech-operated restaurant for $200 million.
- The acquisition is helping Swiggy, an online delivery company focus on dine-in restaurant services in India.
- Launched in 2012, Dineout is an eat-out restaurant offering table reservations and event services with a network of 50,000 partner restaurants in India.
- The restaurant startup was founded by Ankit Mehrotra, Nikhil Bakshi, Sahil Jain and Vivek Kapoor and was acquired by Times Internet in 2014.
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