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Zomato gobbles up cloud-based point of sale system MaplePOS

Zomato gobbles up cloud-based point of sale system MaplePOS
Online restaurant guide Zomato has acquired MaplePOS, a cloud-based point-of-sale product for restaurants for an undisclosed amount and has renamed it to ‘Zomato Base’. 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 a built-in solutions to accept debit and credit cards.

Zomato Founder and CEO Deepinder Goyal said: “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.” 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 realise 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.

Meanwhile, budget hotels chain OYO Rooms on Tuesday said it will offer 2,000 high-quality rooms in 150 hotels across the city in 12 months. OYO now offers 300 rooms in 29 hotels spread across Bengaluru, including Brigade Road, Koramangala, Whitefield, Indiranagar and MG Road, the company said.

It recently raised Rs 150 crore ($25 million) in venture capital funding and plans to use this money to undertake a massive expansion in Bengaluru and other cities.
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