Swiggy to buy Dineout from Times Internet – Times of India

Bengaluru: Swiggy has entered into an agreement with Times Internet to acquire Dineout, the dining out and restaurant tech platform. Dineout will continue to operate as an independent app after the acquisition.
Founded by Ankit Mehrotra, Nikhil Bakshi, Sahil Jain, and Vivek Kapoor in 2012, Dineout is a pioneer in contactless dining, helping patrons discover the best restaurants in the city, make table reservations, enjoy discounts and privileges through Dineout Passport and Dineout Pay. Mehrotra, Bakshi, Jain and Kapoor will join Swiggy once the acquisition is completed.
“Times Internet and the founding team should be credited for the transformational impact they have brought about in the dining out experience through their products, technology, and vast selection of restaurant partners,” said Swiggy CEO Sriharsha Majety.
Mehtrotra, who is also CEO of Dineout, said they had always wanted to revolutionise the restaurant industry and this acquisition is an accelerating step towards the same goal. “We strongly feel that with Swiggy’s deep understanding of the ecosystem, and our shared passion for a superior consumer and restaurant experience, our joint forces will help provide a holistic platform.”
Satyan Gajwani, vice-chairman of Times Internet, which is part of the Times Group that brings out this publication, said, “We are proud of the positive impact that Dineout has created for consumers and restaurants, helping streamline and improve the eating out experience. Swiggy + Dineout is a powerful combination, and we are excited to join forces with Swiggy.”


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