Link: Tokyo-based Dinii, which lets diners order food from restaurants and shops through a mobile platform, raised a ~$48M Series B led by Bessemer and Hillhouse (Kate Park/TechCrunch)

Japan-based startup Dinii has secured $48 million to enhance its mobile food ordering system. Leading the round are Bessemer Venture Partners and Hillhouse Investment with participation from Eclectic and Flight Deck Capital.

Founded by Mao Yamada and Kazuki Otomo, Dinii began by simplifying restaurant operations with a cloud-based POS platform.

Expanding beyond POS, Dinii now plans to delve into broader financial services for its clients. CEO Yamada envisions adding features like employee management and food delivery to their offerings.

The startup's growth is supported by the success of similar U.S models, with Bessemer drawing parallels to their profitable investment in Toast.

Dinii's technology allows restaurants to gather data and engage customers more effectively through integrated CRM systems. The approach has shown potential in a market home to over 900,000 restaurants.

With fresh funding, Dinii is set to grow its presence in Southeast Asia while boosting its Japanese operations, promising significant future expansion. #

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