Swiggy acquired Times Internet's owened Dineout

Swiggy signed definitive agreements to acquire Times Internet's dining and online restaurant table booking service platform Dineout.

Dineout will continue to operate as an independent app, according to a press release from the company. Swiggy will leverage Dineout's strengths to take on Zomato's dine-in business, adding dining reservations to its suite of offerings. Swiggy has yet to challenge Zomato's restaurant discovery and table reservation feature, which was once its core business. Swiggy will tick all the boxes necessary to gain a competitive advantage in this cash-driven duopoly market.

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