OpenTable Acquires US/Mumbai Based JustChalo for $11 Million

chalo-opentableJustChalo, a mobile technology company focused on the US restaurant industry, has been acquired by US online restaurant reservations provider OpenTable  in a stock-and-cash deal worth $11 million.

JustChalo was founded by Kashyap Deorah and Rishi Deshpande. It has offices in Saratoga, California  and Mumbai.

Kashyap Deorah co-founded Righthalf, the first campus start-up as part of the IIT Bombay Business Incubator. Kashyap Deorah was also the president of Futurebazaar.com, the e-commerce arm of retailer Future Group. In 2007, he founded the phone commerce marketplace Chaupaati Bazaar, which merged with Futurebazaar.com in 2010.  Kashyap Deorah quit FutureBaazar to start JustChalo in March this year. Post acquisition, Kashyap will move to Silicon Valley.

Rishi Deshpande was on the founding team of VSee Lab in Mountain View CA and has also worked with Sony PlayStation’s R&D team .

OpenTable says in the first quarter of 2013, reservations booked on mobile devices accounted for 36% of the 34 million diners OpenTable seated in North America and that since the introduction of its mobile solutions in November 2008, OpenTable has seated more than 60 million diners through mobile devices reservations.  It is presently seating a total of more than 12 million diners per month via online bookings across approximately 28,000 restaurants.

OpenTable is headquartered in San Francisco and provides services in the US, as well as in Canada, Germany, Japan, Mexico and the UK.

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