Mekanist

Mekanist is an innovative online platform specializing in food delivery services, connecting customers with local restaurants and enhancing dining experiences through comprehensive offerings. Founded in 2008, Mekanist operates as a food delivery service based in Istanbul, Turkey. The company was acquired by Zomato in January 2015, with the financial details of the deal undisclosed. Mekanist has participated in two investment rounds, with the latest being a SERIES B round in which it raised EUR 2.

50 mn from Pond Venture Partners, totaling EUR 2. 50 mn raised overall. Mekanist primarily serves as a food delivery platform, offering a range of services designed to link consumers with local restaurants. Its core product includes the Mekanist app, which allows users to explore and order from diverse cuisines directly to their homes.

Additionally, Mekanist features restaurant discovery services, enabling users to read reviews, view menus, and access detailed restaurant profiles. Mekanist generates revenue primarily through commission-based transactions with restaurant partners. When a customer places an order through the Mekanist app, a percentage of the order value is collected as a commission from the restaurant. This transaction model fosters long-term partnerships with restaurants and provides a seamless dining experience for users.

The recent acquisition by Zomato is anticipated to enhance Mekanist's capabilities and support its growth strategy. Future plans include expanding into new geographic regions and designing new products, although specific timelines and details regarding these initiatives have not been disclosed.