EazyDiner Raises Rs 40 Crore In Fresh Funding Round
EazyDiner, a restaurant table reservation, food discovery and payment platform, has raised Rs 40 crore in a fresh funding round from DMI Sparkle Fund.
As per the firm, the raised funds will be used to scale up its operations across new markets in India. Currently, the booking platform operates in over 30 cities and aims to scale up to 100 by end of the year.
EazyDiner | Restaurant Table Reservation, Discovery & Payment Platform
Founded by Kapil Chopra, along with a team of experienced restaurateurs and hoteliers, EazyDiner is a restaurant table reservation, discovery & payment platform with over 10K+ instant bookable restaurants.
It helps customers discover great restaurants and bars, book guaranteed reservations within seconds, and make payments using PayEazy on the app.
Speaking on the development, Kapil Chopra, Founder of EazyDiner, said,
“We have always focused on creating a sustainable ecosystem with our restaurant and banking partners, providing the best value to diners. Our philosophy at EazyDiner is centered around customer delight built on frugal innovation. EazyDiner is a journey of a service excellence led business which has been growing exponentially.”
As per the founder, even though customers save 40-50 per cent through discounts every time they use the platform while eating out, it is their customer service that remains their biggest moat.
Currently, the platform can be accessed and used at over 12,000 restaurants in India and Dubai. The firm has partnered with 15 banks, including Axis, ICICI and Kotak Mahindra Bank.
Commenting on the development, Shivashish Chatterjee, co-founder of DMI Finance, said,
“The Sparkle Fund is always on the lookout for companies that have a vision to innovate in the financial services ecosystem and with EazyDiner, the future of eating out looks promising.”
EazyDiner has over 3 million users, and the firm claims to have grown 5 times in terms of diners and over 18 times in terms of payments of restaurant bills on the app in 2022.
ITC Hotels, Radisson Hotels, Barbeque Nation, St. Regis, Ritz Carlton, Hilton Hotels, JW Marriott, Trident Hotels, InterContinental Hotels, Four Seasons, Indian Accent, Whisky Samba, and Lord of the Drinks are some of the hotel chains and restaurants that work with EazyDiner.
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