We are ecstatic to welcome Torqus, a Pune based restaurant management software to our family. Dineout has acquired Torqus, taking a step ahead in strengthening our position as a full stack service provider and making Dineout the largest dining out platform. Following this acquisition and a combined client base of 10,000 restaurants across 70+ cities in India, Dineout will be the largest platform in India to offer B2B and B2C restaurant management services.
“The food industry is thriving with innovations and we are excited to announce the acquisition of Torqus thus effectively making Dineout a full stack technology service provider to the restaurant industry globally. While most of the innovations have been taking place in aggregation and delivery space, Dineout and Torqus combined with enable us to tap the immense possibilities in the restaurant market. The wide range of SaaS products offered by Torqus and the wide range of Dineout will certainly redefine the restaurant market in India”, said Ankit Mehrotra, co-founder and business head of Dineout.
“Torqus is already the most comprehensive SaaS based restaurant management software platform in the industry. We are excited to join Dineout as together we can deliver the best end to end experience to Restaurateurs – from generating new business to managing back end operations,” said Tanmay Ratnaparkhe, co-founder and CEO – Torqus
Launched in 2013 by Tanmay Ratnaparkhe and Suneet Kulkarni as a POS (Point-Of-Sale) service provider, Torqus today offers a cloud based SaaS platform for restaurant business. This helps restaurants manage all their backend activities, ranging from procurement to billing to taking feedback from end customers post their meal. These services help you have a seamless dine in experience at the restaurant. Currently, it is being used in more than 3500 outlets across 70+ cities in 5 countries.
Torqus’ key strength lies in providing a highly efficient and convenient software to run a restaurant, including Point of Sale (billing system), Head Office and Supply Chain Management.
- POS Software takes extensive care of all the functionalities of a restaurant outlet, ranging from steward management to managing a dynamic menu
- Head office accumulates customer data, manages and tracks delivery stages, aggressive SMS marketing, as well as managing data from a single access point.
- Supply Chain Management enables efficient management of the restaurant chain inventory by strategically coordinating all business functions, ranging from procurement and manufacturing to sale estimation and invoicing.
In September 2015, Times Group-owned, Dineout, acquired inResto, thus furthering their mission to enable thousands of restaurants become smarter and more efficient. Times Internet is World’s No.1 premium digital publisher and the digital venture of Times of India, India’s largest media and entertainment group.
Torqus joining hands with Dineout, is sure to make the platform a prominent force in the restaurant tech space. With this revolutionizing joining of forces, the only way for Dineout is upwards and onwards.