Swiggy signs deal with Times Internet to acquire Dineout for unknown sum

Dineout will continue to run as an independent app post acquisition; Swiggy to get access to several new restaurant partners, existing Dineout team

Food delivery giant Swiggy said it has entered into a definitive agreement with Times Internet to acquire Dineout, leading dining out and restaurant tech platform. Dineout will continue to operate as an independent app post the acquisition. The companies did not reveal the value of the transaction.

Designed to capitalise on Dineout’s unique assets and leading position in the dining out space, the acquisition will enable Swiggy to cater to every food occasion. Swiggy will double down on the synergies with Dineout’s offerings, including dining out table reservations and events. In time, restaurant partners will be able to reach more