Mobikon, a data exchange platform for the F&B ecosystem, has raised a Series B round of $12.5 million led by entrepreneur and venture capital visionary, Binny Bansal. So far Mobikon has raised a total of $25 million in primary investments. It was founded by Samir Khadepaun in 2011.
It is understood that Mobikon will utilise these funds to pursue its mission to be the most impactful data exchange platform in the restaurant software vertical.
In a media statement, Binny Bansal said that Mobikon will expand their business mainly into Australia and SouthEast Asia and will give them unbeatable market leadership in the restaurant-tech segment.
Mobikon has engaged over 27 million unique diner profile and generates 700,000 new diner profiles every month. It operates in five countries including India, UAE, Singapore, Malaysia and the Philippines, with 6000+ restaurants, on its platform.
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