National Restaurants Association of India (NRAI) has partnered with fintech start-up DotPe to build its own tech platform. This platform enables them with online payments for digital ordering, bill settlements, and contactless dining. DotPe will provide us with a tech solution.
NRAI is the apex body of the Food and Beverage Industry in India. This partnership would directly take on existing food-tech aggregators, Zomato and Swiggy. NRAI represents over five lakh restaurant businesses. It is also looking for different delivery and logistics companies. It is also exploring synergies with social media platforms such as WhatsApp, Facebook, and Instagram to provide and ordering facilities and visibility for restaurant partners who could potentially be its members.
Important takeaways for all competitive exams:
- President of NRAI: Riyaaz Amlani.
- NRAI Founded: 1982.
- NRAI Headquartered: Delhi.
- DotPe was founded by the erstwhile PayU co-founder and Managing Director: Shailaz Nag.
- DotPe Headquarters: Gurgaon, Haryana.