The company has previously raised two round of funding, led by DSG Consumer Partners and Saama Capital
EazyDiner, an online restaurant table reservation company in India, has raises INR 41 crore (US$5.84 million) in Series B round of funding, led by Denlow Investment Trust and Singapore-based early-stage investor Beenext.
A major portion of the new financing will be used to expand its presence and also its loyalty programme EazyDiner Prime.
With this, the total funding raised by the company to date has touched INR 70 crore (US$10 million).
This funding comes nine months after the startup raised an investment, led by existing backers DSG Consumer Partners and Saama Capital. Previously, EazyDiner had secured US$3 million in Series A led by the same investors in 2015.
The foodtech startup was co-founded in 2015 by well-known Indian food journalist Vir Sanghvi and former Oberoi Group president Kapil Chopra, along with a host of experienced hospitality, food and beverages professionals, EazyDiner.
EazyDiner serves as a curated guide to an extensive range of dining options and is a guide to eating out. With an access to TripAdvisor, EazyDiner also gives the option of viewing 100 per cent genuine consumer reviews for all restaurants.
As per its website, with an instant confirmation of less than 18 seconds, users can book over 3,600 restaurants in Delhi NCR, Mumbai, Bengaluru, Pune, Chennai, Kolkata, Goa, Ahmedabad, Jaipur and Dubai using its mobile app.
The post Beenext joins restaurant table reservation startup EazyDiner’s US$5.84M Series B round appeared first on e27.
Source: E27