Zomato acquires Delhi based data firm MaplePOS

Online restaurant guide Zomato on 14 April 2015 acquired MaplePOS, a cloud-based point of sale product for restaurants developed by Delhi based MapleGraph.
After the acquisition, Zomato has renamed MaplePOS product to ‘Zomato Base’ which will help the company and its restaurant partners to manage business into online orders and payments.
MaplePos, a sale product offers various features of restaurants such as inventory and menu management, and has in-built payment solution to accept debit and credit card payments.
It should be noted that, this is the first product acquisition done by Zomato. Earlier, it had acquired 7 restaurant search and listing companies in various parts of the world.
MapleGraph was founded in 2011 by Varun Tangri, Arun Tangri and Abhishek Rohilla. The company offers software solutions to manage menus, inventory, electronic receipts, recipes, and other features in restaurant management.

Month: Current Affairs - April, 2015