Bangalore: Gurgaon based online restaurant guide, Zomato acquires cloud-based data firm, MaplePOS to expand from restaurant reviews to online orders and payments solution. With this acquisition, Zomato has renamed the MaplePOS product as ‘Zomato Base’ and information on the product is now available. However, the financial information of the acquisition remains unrevealed.
Incorporated in 2011 by Arun Tangri, Varun Tangri, and Abhishek Rohilla, MapleGraph the company that developed MaplePOS offers software to manage menus, inventory, recipes, electronic receipts and a stealth feature. Today, with the acquisition, Zomato moves a step forward in providing business-focused solutions for restaurants, which will help the company offer highly differentiated services to the end consumer.
On the other hand, Zomato is present in 22 countries including the U.S. Since 2014, Zomato has acquired seven companies in various parts of the globe to expand its reach in the restaurant search space. This includes the acquisition of Urbanspoon, which gave Zomato a leading position in Australia, Canada, and the U.S.