PoshVine, the online destination to discover, reserve and enjoy dining and culinary experiences, has raised a seed round from MyFirstCheque.
Started in 2011, PoshVine partners with premium restaurants and offers reserve dining experiences with insider benefits at these destinations. Benefits range from discreet savings on your entire bill to exclusive Chef’s Specials or PoshVine Rewards.
The team has also developed proprietary software called Electronic Reservation Book, which, among other things, acts as a distribution point for the restaurants’ digital storefront. In other words, it provides superior yield management solutions by monetizing a restaurant’s online traffic.
Currently operational in Bangalore, Chennai and Hyderabad, the company will use the funding to expand into other cities.