Restaurant and event-listing site Zomato.com based in India, announced its fifth acquisition – Cibando, the Italy-based web and mobile restaurant search services startup – following those of MenuMania in New Zealand, Lunchtime in the Czech Republic, Obedovat in Slovakia, and Gastronauci in Poland. The company is currently present in over 113 cities across 18 countries, including India, the UK, the Czech Republic, the UAE, South Africa, Sri Lanka and Qatar.
VCCircle.Com reports that Zomato is planning to invest $6 million in Italy over two years to grow its team and business. “Cibando is one of the largest restaurant search services in Italy. Its existing traffic and user base will give us a great start as we launch Zomato in the country,” said Deepinder Goyal, founder and CEO of Zomato.
