GetMeFood (GMF) Hyderabad based online food ordering service has been acquired by Monocept for an undisclosed amount.
GMF was started in 2012 by Mithun Kalaga and Aravind Thodupunoori and with claims as the first online Food ordering service in Hyderabad.
The website has more than 600 restaurants in its list and plans to partner with 1500 more in the near future with plans to expand their base to newer cities.
In the third quarter, GMF launched mobile applications on both android and iOS platforms for customers, they will now help the restaurants in growing their business in both Dine-in and Online Ordering space giving it an edge over its competitors.
GMF’s acquirer Monocept in 2014 launched ‘DinerKonnect, a cloud-based software as a service solution that is being used by many Hyderabad-based restaurants. The software is a Customer Engagement and Rewards organiser tool tailored for the restaurant and hospitality industry.
Post the acquisition, Mithun and Aravind will continue to work on the joint venture with DinerKonnect which will be an improvised version of the previous platform.
“The success of DinerKonnect pushed us to explore new ways to improve our offering and Online Food Ordering seemed like a logical extension to our product. We looked out for local Food ordering websites that we could get associated with and GetMeFood fitted the bill perfectly. ” said Manav Gaur, CEO of Monocept.