Swiggy to acquire Dineout from Times Internet for $200m.

Swiggy, an Indian online food ordering and delivery platform, agreed to acquire Dineout, a provider of dining out and restaurant tech solutions platform intended for diners, from Times Internet, a digital products company, for $200m. “At Dineout, we always wanted to revolutionize the restaurant industry and this acquisition is an accelerating step towards the same goal. We strongly feel that with Swiggy’s deep understanding of the ecosystem and our shared passion for a superior consumer and restaurant experience, our joint forces will help provide a holistic platform in this industry,” Ankit Mehrotra, Dineout Co-Founder & CEO.