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TabSquare raises S$10 Million to fuel AI-powered restaurant solutions

TabSquare, a leading provider of AI-Powered Smart In-Restaurant solutions, today announced it has raised S$10 million (US$7.2 million) in Series B financing led by Kakaku.com.

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Tabsquare’s platform has three critical elements: consumers, restaurants and F&B brands; now strengthened with the latest funding round.

Founded in 2012, TabSquare has rapidly grown to be the leading in-restaurant technology provider in Singapore.

The company’s main products are the SmartTab eMenu and the SmartKiosk – applicable to both sit-down and counter-service restaurants.

The company’s products use AI to make personalised menu recommendations and improve customers’ ability to order, pay and deliver feedback.

Chirag Tejuja, Co-Founder said, “TabSquare’s fast-paced growth proves there is a strong
demand for innovative and effective technology that can solve issues commonly faced by restaurants in the region such as low restaurant profitability, high staffing costs and language barriers.”

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Through 6000 devices that serve more than 12 million diners and 6 million orders annually, TabSquare’s AI-Powered solutions leverage consumer data and learning algorithms to better predict demand, personalize offerings and improve the overall diner experience which aims at creating greater efficiencies and profits for restaurants.

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