Swiggy may acquire table-booking app Dineout
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Swiggy, a food delivery aggregator, may acquire Dineout. The deal is still in the early stages of discussion. As of yet, the extent and magnitude of the transaction are unknown. However, previous discussions between CRED and Dineout valued the restaurant management and table-booking service at around $38 million. According to Mint's sources, conversations for a buyout began about two months ago.