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eatigo acquires Ressy operations and enters Indian online restaurant reservations market

by StartUp Terminal Bureau
July 17, 2017
in Uncategorized
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eatigo acquires Ressy operations and enters Indian online restaurant reservations market
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New Delhi, India, July 17, 2017– TripAdvisor-backed eatigo,
Southeast Asia’s leading restaurant reservation app, today announced that it is
officially available to users in both Mumbai and Pune, India. The platform,
which aims to connect empty tables with empty stomachs, offers discounts of up
to 50% throughout the day at all of its participating outlets, and enables
users to make fuss-free reservations at more than 2,000 restaurants across Hong
Kong, Singapore, Thailand, the Philippines, and Malaysia.





L to R- Louis, Co-Founder & CEO Eatigo, Kaustubh, CEO Ressy, Siddhanta, CFO Eatigo, Jed, CMO Eatigo
As part of its
expansion strategy in India, eatigo signed an 
Asset Purchase Agreement in April
2017 
to acquire the operations of Ressy, an Indian online
restaurant reservation platform. By 
leveraging the rise of
e-commerce in India and the growing trend of eating out, eatigo 
is set to become a
market leader in the restaurant reservation app space in India as well.
Supported by Ressy’s
team in Mumbai and Pune as well as their merchant base, users will be able to
choose from a wide selection of dining options, from upscale hotel locations to
international food chains and family restaurants. Treat yourself to a fancy
dinner at any one of the six restaurants located at Renaissance Mumbai, or have
your pick of dishes from the generous buffet line at Saptami at Holiday Inn.
Users in Pune also have the exclusive opportunity to use eatigo when dining at
the ever-popular Pizza Hut. Regardless of choice, users will have access to
attractive discounts any time, any day, simply by making a reservation on
eatigo. The process is seamless and does not require any form of payment –
users need not pay upfront or even use their credit cards to confirm a booking.




Michael Cluzel, eatigo co-founder and Chief Executive Officer, said, “After successful launches in Thailand, Singapore,
Malaysia, Hong Kong and the Philippines, we’re excited to continue extending
eatigo’s reach – this time moving out of Southeast Asia, where we’ve served
over 5 million diners (and counting).
We’re especially
confident because our acquisition of Ressy’s operations definitely complements
our existing business model. Ressy’s strong operations team, with its extensive
knowledge of the local landscape, will open up a lot of new opportunities that
will help us not only increase our visibility, but also expand our position as
a strong market leader.”
Koustubh Rajepandhere,
co-founder and Chief Executive Officer of Ressy
, said, “With an impressive track record
of success in Southeast Asia, we are proud to work alongside a proven market
leader like eatigo as they break into India. With an uptick of interest in
dining out in the country, we look forward to providing a wealth of choices to
meet the dining needs of our users.”

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