Zomato acquires New Zealand-based Menumania

Online restaurant guide Zomato has acquired New Zealand-based eatery discovery service provider menumania.Co.Nz for an undisclosed amount as part of its global expansion plans.

Commenting on the development, Zomato Founder and CEO Deepinder Goyal said: "Together, Zomato and Menumania will be the largest resource of restaurant information in New Zealand..."

Following the acquisition, the founding team of Menumania will be working closely with Zomato, the Gurgaon-based company said in a statement.

This acquisition is a strategic move to establish Zomato's presence in the Pacific region, it added.

This acquisition is the first of more to come, in the company's mission to be the dominant player in this space across the globe, Goyal said.

"We will be able to combine our local knowledge about the market with the technology Zomato brings to the table," MenuMania Founder & CEO Cristian Rosescu said.

Zomato has been expanding its global presence with launches in Europe and Southeast Asia for the past six months and also working to strengthen its presence in existing markets.

Started in 2008 by Deepinder Goyal and Pankaj Chaddah, Zomato is present in 41 cities across India, apart from the UK, the UAE, South Africa, New Zealand, the Philippines, Portugal, Brazil, Turkey, Indonesia, Sri Lanka and Qatar.

As an online and mobile restaurant discovery service, it provides information about over 2,30,000 restaurants across 12 countries.

EDITORIAL OF THE DAY

  • A clean up of economy is an exercise that must have the widest-possible spread

    The noose appears to be tightening further on those that continue to dabble in black money or have made attempts to keep the tap open for black econom

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Cut & Thrust: A DANGEROUS NEW GREAT GAME

Push the enemy into an unreal world, one where he ...

Ananda Majumdar

Pitfalls of handing a walkover

Congress workers in Lucknow are said to be behind posters, ...

Zehra Naqvi

Creativity springs from being open to experimentation

When Albert Einstein published his first revolutionary paper on the ...