Zomato today announced the acquisition of MaplePOS, a cloud-based point-of-sale product for restaurants. The company further revealed that it has renamed the product as ‘Zomato Base’, but there is no word on how much the deal was worth. Also Read - Zomato invites few lucky customers to get unlimited free deliveries, no surge fees and more
This is the first product acquisition by Zomato, the company said. The Android-based point-of-sale (POS) system offers restaurant features such as menu and inventory management and has built-in solutions to accept debit and credit cards. Also Read - Zomato IPO share allotment status: How to check IPO allotment status online
“There is a lot that can be done if we are able to build a technology platform that connects consumers to restaurants and vice-versa, and we believe that POS system is the first step towards building that platform,” Zomato founder and CEO Deepinder Goyal said. Also Read - Internet down: Zomato, Paytm, Disney+ Hotstar, Amazon, Myntra, many other global services suffered massive outage
MaplePOS is a great point-of-sale product, and Zomato is excited about the prospect of working with the MaplePOS team to build this further, he added. MaplePOS was developed by MapleGraph, a company founded in 2011.
“We are excited to partner with Zomato to realize our dream of building the best and most widely adopted restaurant point-of-sale system in the world,” MapleGraph Co-Founder and CEO Arun Tangri said.
Started in 2008 by Goyal and Pankaj Chaddah, Zomato provides information of over one million restaurants across 22 countries.