Restaurant reservation apps eatigo has got multimillion US dollars in Series A round of funding from unspecified strategic investors, reports the company. The startup is growing rapidly, as the company has surpassed one million reservation marks recently with 25 per cent monthly growth.
According to the report of e27, the Thailand based startup has seen seven fold growths in last ten months. Michael Cluzel, the Co-founder and CEO of eatigo said, ““The whole founding team is thrilled to have found partners who share our vision for eatigo and who will play an important part in getting us to where we want to be,”
The company will use this fund to make its presence even stronger in its current market Thailand and Singapore. The company will increase its users and merchant acquisition to achieve its goal. The company will also invest $1 Million for offline brand building for making its online channel better.
This is an 18 month old startup that recently bagged the Digital/Online Startup of the year award at the Rice Bowl Startup Awards. The company is one of the fastest growing restaurant reservation apps in Singapore and Thailand. The company wants to expand its business with this fund.