Following its launch in the Thai capital, Bangkok in 2014, restaurant reservations and discount app Eatigo has announced that it has received further funding from original investor TripAdvisor pushing its total funding to $25 million.
The pre series C investment round for Eatigo follows the success of Eatigo in Bangkok, where it has become a ubiquitous app for local foodies, and the effective introduction of the platform in Hong Kong, the Philippines, Malaysia and India last year. TripAdvisor – alongside its F&B subsidiary, The Fork – wish to expand Eatigo’s footprint and services throughout APAC.
"Eatigo is excited to continue its strong relationship and collaboration with TripAdvisor. These new funds will be integral in allowing Eatigo to consolidate and extend the reach of our leadership and expertise in helping customers reserve the perfect table,” said Eatigo’s CEO and co-founder Michael Cluzel.
“Eatigo will help us both better serve millions of diners and restaurant owners”
Currently Eatigo exists in six countries, Singapore, Hong Kong, Thailand, Philippines, Malaysia and India, with a network of more than 4,000 partners, including a range of regional local restaurants, big chain eateries as well as a significant number of luxury hotels and fine dining locations.
TripAdvisor owned TheFork, which operates in 11 countries globally and runs the Dimmi reservations brand in Australia, is seen as the ideal partner for Eatigo as Bertrand Jelensperger, senior vice president of TripAdvisor Restaurants and founder of TheFork noted:
“As we look to further our presence in the Asia Pacific region, we believe our latest strategic investment in Eatigo will continue to support a great business and strong management team, TripAdvisor’s continued partnership with Eatigo will help us both better serve millions of diners and restaurant owners who are increasingly turning to online channels.”
