Mobikon, is
software developer that has its sights set on the food and beverage
industry, recently received $2.3 million in new funding led by returning
investor Jungle Ventures. Mobikon, which
makes cloud-based software to help restaurants manage marketing is off and
running in multiple Asian countries right now.
Mobikon’s
new automated marketing software, which was tested in over 100 venues during
its pilot program, is designed to make it easy for restaurants to run targeted
campaigns. 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.
Currently
Mobikon’s platform, which is used by chains including Swensen’s, Pizza Express
in India, and Red Crab Group, currently handles 65,000 reviews and more than
600,000 diners every month. Founded in 2009, Mobikon did not intend to
target the food and beverage industry, says Khadepaun. The company’s intention
was to build a customer feedback platform for retail businesses that would be
completely accessible on mobile devices.
“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,” Mobikon plans to simplify the
process.
Cities
in India, Manila, and Kuala Lumpur are Mobikon’s biggest growth markets,
because more restaurants are springing up as the economy develops. Since they
are new and don’t have legacy systems, many are open to managing their business
with tech tools as soon as they open.
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