Zomato to begin sales of cloud-based point-of-sale product to restaurants
Cloud POS
ram@justransact.com
04-04-2016 00:00:00
Zomato to begin sales of cloud-based point-of-sale product to restaurants

In a bid to boost revenues through new business verticals, Zomato,  a restaurant search and discovery service provider, is getting into sales of a cloud-based point-of-sale (POS) product for restaurants called Zomato Base.

 

While the company had been working with a few restaurants to pilot the product, including food trucks or mobile food vans in Gurgaon, beer chain The Beer Cafe will be the first to deploy it across all of its 35 outlets. "In its initial version, the product was workable only for certain types. We have now added multiple modules so that the product will be widely applicable to all sorts of restaurants," said Pankaj Chaddhah, cofounder at Zomato who is planning to net a fine-dining restaurant chain soon.

 

"Fine dining is one of the most complicated categories of restaurants in terms of managing their backends."



The product is expected to boost Zomato's revenues significantly in the next two years. For 2014-15, Zomato recorded operating revenue of Rs 96.7 crore and loss before interest, taxes, depreciation and amortisation of Rs 136 crore. Earlier this year, in an interview to ET, Pankaj Chaddah had said that the company is planning to break even operationally by mid 2016.

 

About a year back, in its first product acquisition, Zomato had acquired MaplePOS, a cloud-based point of sale product for restaurants developed by a startup called MapleGraph.



Zomato Base is an Android-based POS system that will help restaurants manage a host of operations including menu, recipe and inventory management and has a builtin payment solution that accepts debit and credit card payments, CRM and real-time analytics. 

-K Ramanathan ram@justransact.com


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