Chennai Based Genie Acquires Food Delivery Platform Dinein
Hyperlocal delivery and logistics startup Genie Solutions Pvt Ltd has recently acquired food delivery firm Dinein in an all stock deal, as per the company release.
The acquisition is the part of the Genie's plan to strengthen its business by adding up the Dinein's 25-member team, delivery fleet, restaurant partners and their technology in their business in a bid to expand their presence in Chennai.
However, the financial details of the deal have not been disclosed. Dinein, launched in 2012 has collaborated over 250 restaurants in Chennai, helping them in their food delivery process and claims to oversee 6000 orders in a month.
“We see this as a great opportunity to grow and offer great experience to customers. With a focused food delivery service and a pureplay logistics platform ...