This is a Japan news story, published by TechCrunch, that relates primarily to Bessemer Venture Partners news.
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Bessemer Venture PartnersTechCrunch
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84% Informative
Dinii lets diners order food from restaurants and shops through a mobile platform.
Bessemer Venture Partners and Hillhouse Investment Management are leading the investment.
Dinii wants to build on its traction by expanding the financial services it provides to its customers.
The startup has a cashless payment solution, Dinii Payments , that it hopes to parlay into a bigger financial services product.
More than 900k restaurants are in Japan , and the food service market in the country is projected to increase to roughly $475 billion by 2030 .
Dinii currently has around 3,000 restaurants across Japan , which is barely 0.5% penetration.
The startup has raised 8 billion JPY, equivalent to about $55 million , since its inception.
VR Score
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