Jul 17, 2015

Mobikon a Restaurants Startup raises funds



Mobikon, a Pune based software development startup for food and beverage industry, has received $2.3 million in new Series A2 funding led by returning investor Jungle Ventures. MOBIKONTECH makes cloud-based CRM software to help restaurants manage almost all aspects of their business. With the latest funding, the total capital raised from new and existing investors goes up to $5 million.

Startup Type
F&B Software, Food Technology, Restaurant, Marketing, CRM, customer engagement, digital

How will Mobikon use the new funds?
  • Improve its technology 
  • Launch its new automated marketing software 
  • Fuel the rapid growth of the company across markets like India
What big problem is Mobikon trying to solve?
There are a lot of players built to solve different problems, but what is happening is that restaurants are being bombarded with different players trying to sell them multiple platforms, so some restaurants have seven to eight dashboards for reservations, ordering, and accounting systems.

Solution
Mobikon marketing and customer engagement software for restaurants is designed to make it easy for restaurants to run targeted campaigns. Increase ROI for marketing spends.For example, businesses can set it so customers who give good feedback receive an invitation to a referral program. It can also notify managers when a VIP customer makes a reservation, so they can give them perks like a complementary bottle of wine.

Investors
Spring Singapore
Lion Rock
Junglee Ventures

Founded
2009

Founder of Mobikon
Samir Khadepaun [CEO]
Salil Khamkar

Employee Size
30

Mobikon KPIs
65,000 reviews every month
1.3 lakh new diners are added month-on-month
Engages 600,000 diners every month

Mobikon Clientele in India
Copper Chimney
Pind Baluchi
Little Italy
Pizza Express




Incoming Search Keywords 
Mobikon raises $2.3 million to fuel India, South East Asia expansion
tags: mobikontech.com, wiki, about, funding, investors, business model, restaurant, startup, software

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