Zomato acquires Poland’s Gastronauci, fourth acquisition in 3 months

Bengaluru: Indian restaurant search portal Zomato on Tuesday said it has acquired Gastronauci, a Poland-based restaurant search service. This is Zomato's fourth acquisition in three months.

With the latest acquisition, Zomato is now present in 16 countries, and provides information for over 260,000 restaurants in these nations.

"We are excited to work on building an integrated product combining our technology with Gastronauci's exhaustive reach in Poland," said Deepinder Goyal, founder and CEO of Zomato. The transaction is expected to be completed by the beginning of November.

"We have had great success in building a strong and engaging user base for Gastronauci in Poland since 2007. This is an exciting new chapter for us and we look forward to working with Zomato and use their technology and product expertise to bring a new enhanced experience for both consumers and merchants," said Ola Lazar, founder and CEO of Gastronauci.

For Zomato, expansion in Europe is one of the key focus areas, said Pramod Rao, director, international operations at Zomato. "We are planning to expand into multiple geographies in the immediate future... We are delighted to have Gastronauci on board and look forward to strengthening our presence further in Central and Eastern Europe."

Zomato has been aggressively expanding its global presence over the past two quarters. In August, it acquired Lunchtime.cz and Obedovat.sk, the Czech Republic's and Slovakia's restaurant guides, respectively, for a combined amount of $3.25 million.

Shortly before that, in July, Zomato acquired MenuMania, restaurant discovery service in New Zealand. The three acquisitions in the Czech Republic, Slovakia and Poland are strategic moves to establish Zomato's presence in the restaurant discovery space in Central and Eastern Europe.

Zomato serves over 25 million monthly visitors globally, and was founded in 2008 by Deepinder Goyal and Pankaj Chaddah.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.