Food aggregator and delivery platform Swiggy said on May 13 that it had signed a definitive agreement with Times Internet to acquire restaurant technology platform Dineout.

Swiggy did not disclose the size of the deal and said Dineout would continue to operate as a standalone app after the acquisition. Swiggy said it’s looking to leverage Dineout’s assets and its position in the dining out space. As part of the deal, founders Ankit Mehrotra, Nikhil Bakshi, Sahil Jain and Vivek Kapoor will join Swiggy once the acquisition closes, Swiggy said.

Swiggy said the acquisition would help Swiggy expand its offerings into table reservations and events. Swiggy also said the acquisition would bring more customers to its restaurant partners. Dineout has a network of over 50,000 restaurants that Swiggy will leverage. Sriharsha Majety, CEO of Swiggy, said: “This acquisition will allow Swiggy to explore synergies and deliver new experiences in high usage categories.”

“Dineout is a brand that consumers and restaurants have embraced. Times Internet and the founding team should be applauded for the transformative impact their product, technology and many restaurant partners have had on the dining out experience,” added Majety.

Swiggy’s acquisition of Dineout comes as the food tech platform looks to expand its offerings beyond food and grocery delivery, two hotly contested areas. The acquisition will also help Swiggy compete with Zomato in the restaurant aggregator space.

Interestingly, Zomato has invested in as many as seven companies since going public last year and has been using those acquisitions to expand its offerings beyond food delivery, restaurant search, and meal reservations. For example, Zomato has entered the fast commerce and grocery delivery space with Blinkit (formerly Grofers).