Funding
Yuvraj Singh’s Venture YouWeCan Invests in Table Reservation Startup EazyDiner
Yuvraj Singh is one of the many celebrities who has shown interest in the startup world. Started in April 2015, Yuvraj Singh’s investment fund YouWeCan has reportedly invested an undisclosed amount in the table reservation and reviews app startup, EazyDiner.
Currently, the app allows users to book tables in a restaurant in 8 cities in India and in Dubai. This investment will make cricketer Yuvraj Singh the brand ambassador for the app. With about 53,000 restaurants listed, on the platform, EazyDiner claims to have 15 Lakh subscribers every month.
EazyDiner was founded in 2015 by Vir Sanghvi and names hoteliers like Sue Reitz, Rohit Dasgupta, Sachin Pabreja, Shruti Kaul, Ruchika Dhamija and Manish Kutula as its founders. In August 2015, EazyDiner raised $3 million in a funding round led by Saama Capital and their existing investors DSG Consumer Partners.
The app allows users to book tables in some of the standalone restaurants that are always full. They also offer an EazyDeal with every table booking in the form of a free glass of wine or a popular dessert from restaurants including those in 5 star hotels.
ET reported the details of the investment were finalized before Yuvraj left to play for the Champions Trophy and the official announcement will be made on Sunday. Yuvraj Singh will receive stocks of the startup company in return for his investment.
YouWeCan has previously invested in Gurugram based Startup Buddy that provides support to early stage startup ventures.
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