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2014-09-24

Zomato completes its fourth acquisition with Poland-based Gastronauci

This is the fourth global acquisition of the company within a span of three months.

Online restaurant guide, Zomato has acquired Poland's restaurant search service, Gastronauci, for an undisclosed sum as part of its ongoing expansion strategy in Europe, says a PTI report.

 

This is the fourth global acquisition of the company within a span of three months. It had acquired, New Zealand- based restaurant search service MenuMania in July 2014. Czech Republic's Lunchtime.cz and Obedovat.sk of Slovakia, became a part of Zomato on August 22, 2014.

 

Commenting on the latest development, Zomato Founder and CEO Deepinder Goyal said: "Both Zomato and Gastronauci are committed towards building the best platform possible to connect users and the restaurant industry. We are excited to work on building an integrated product combining our technology with Gastronauci's exhaustive reach in Poland."

 

The team at Gastronauci will be working closely with the Zomato team following this acquisition, Zomato said.

 

"This is an exciting new chapter for us and we look forward to working with Zomato and use their technology and product expertise to bring a new enhanced experience for both consumers and merchants," Gastronauci Founder and CEO Ola Lazar said.

 

Zomato is planning to expand into multiple geographies in the immediate future and expansion in Europe is one of its key focus areas, Zomato International Operations Director Pramod Rao said.

 

The company said three acquisitions in the Czech Republic, Slovakia and Poland are strategic moves to establish Zomato's presence as a leader in the restaurant discovery space in Central and Eastern Europe.

 

Started in 2008 by Deepinder Goyal and Pankaj Chaddah, Zomato provides information of over 260,000 restaurants across 16 countries. It currently serves over 25 million monthly visitors globally.

 

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