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F&B tech startup Waitrr raises funding from Nest Tech

Nest Tech, specialises in funding seed stage tech startup, has added Singapore-based mobile F&B ordering company Waitrr into its portfolio

Singapore-based F&B ordering startup Waitrr has formed a strategic partnership with Nest Tech, a VC that invests into seed-stage tech startups, in which the latter also invests in Waitrr. The partnership will also look into international expansion.

Founded by Tim Wekezer in 2015, Waitrr’s solution maximises the capacity of floor staff, table-turns, and average ticket size with no up-front cost while capturing consumer insights and enabling restaurants to re-market to their customers.

Waitrr enables diners to order ahead from over 200 restaurants in Singapore via mobile app and provides the diners with payments solution. It provides dining experiences for both guests and restaurant partners.

For F&B outlets, the company said that using Waitrr would improve the operational efficiency of both dine-in and takeaway establishments as it automates the order taking and payment processes. This approach allows restaurants to increase the operational capacity of their staff, so they can provide personalised service to their guests.

For diners, Waitrr offers a fully integrated loyalty and rewards program and partners with F&B outlets such as The Daily Cut, Guzman y Gomez, PAUL, and Da Paolo Gastronomia.

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“We see Waitrr’s technology as the logical next step in the F&B space. Our strategic partnership will see Waitrr expand across other countries in Southeast Asia starting with Vietnam and Myanmar,” said Soe Moe Kyaw Oo, Managing Partner, Nest Tech.

Soe Moe Kyaw Oo established Nest Tech in 2018 to support technology startups in Singapore, Vietnam, and Myanmar, seeking to back entrepreneurs with vision and passion at seed stage.

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