RestoLoco provides a direct ordering platform that connects customers with local restaurants, eliminating reliance on third-party delivery services. This approach enhances restaurant profitability by reducing commission fees and allows consumers to access a diverse range of meal options within a 5 km radius.
Funding
$114.1K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Local restaurants face challenges with high commission fees from third-party delivery services, diminishing their profitability. Customers are also limited by the selection and radius constraints imposed by these platforms.
Solution
RestoLoco provides a direct online ordering platform that connects customers with local restaurants within a 5 km radius, bypassing third-party delivery services. This approach allows restaurants to retain more revenue by eliminating commission fees typically charged by aggregators. Customers benefit from a wider variety of meal options and can directly support local businesses. The platform offers search functionality by address, keywords, and cuisine categories, enabling users to quickly find desired meals. RestoLoco also provides restaurants with tools to manage their online presence and orders, streamlining the delivery and takeout process.
Target Audience
RestoLoco targets local restaurants seeking to increase profitability and customers looking for a diverse range of meal options from nearby establishments.
Features
- Location-based search to find restaurants within a 5 km radius.
- Search functionality by keywords, cuisine categories, and restaurant name.
- Direct ordering from restaurants, eliminating third-party commissions.
- Options for delivery and takeout.
- Restaurant management tools for online presence and order processing.