Singapore’s Chope acquires Indonesia’s MakanLuar

• Combined restaurant-booking services now cover eight services
• MakanLuar founders to continue running their startup

 
SINGAPORE-headquartered restaurant discovery and booking startup Chope Group has announced its acquisition of MakanLuar, for an undisclosed sum.
 
The acquisition adds Jakarta, Bali, and Bandung to Chope’s reach, now spanning eight cities and 1,300 clients, the Singapore startup said in a statement.
 
It currently serves Bangkok, Beijing, Hong Kong, Shanghai and Singapore, according to its website.
 
According to CrunchBase, Chope has raised a total of US$11.4 million, with the latest being a US$8-million Series C round last June led led by NSI Ventures, the venture capital wing of Indonesia-focused private equity group Northstar.
 
MakanLuar (Bahasa Indonesia for ‘eating out’) was launched in November 2013 by former Bloomberg colleagues Kunal Narang and Hiro Mohinani.
 
The Jakarta-based startup equips each dining establishment with a backend platform for real-time inventory as users make free, instantly confirmed online reservations.
 
“We’ve had an incredible journey so far as a localised service with a loyal following, and we look forward to offering restaurants in Indonesia our new reach with Chope’s extensive user base in Asia,” said Kunal.
 
“At the same time, millions of Indonesian diners will be able to get seats at their favourite restaurants in Singapore and abroad, through a familiar service they also have at home,” added Hiro.
 
Kunal and Hiro will continue to run MakanLuar, according to Chope.
 
“MakanLuar already had impressive traction, and we saw obvious opportunities to further increase its aggression with our technology, marketing, and support,” said Chope chief executive officer Arrif Ziaudeen.
 
Whilst MakanLuar’s name will be kept for the moment, the eventual aim of both parties is to create a seamless experience across all eight cities.
 
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