Offline payment platform Paylo.in acquires Ruplee

Paylo.in, offline payment platform has acquired in-restaurant payment app Ruplee for an undisclosed amount.
Both the teams and products will be merged and it is expected that it will help Ruplee evolve into an omni-channel payment platform from an app-only play,  in addition to expanding its cashless payment experience to more verticals beyond food where it already enjoys a first-mover advantage.
Paylo.in team’s expertise in building and scaling businesses will help Ruplee’s current management capitalise on their rich technical experience in the food and beverages payment space and build on foundation laid by them.
Ruplee launched its operations in October 2014 to capture the offline payment space in the dine-in segment. Today, the company partners with over 300 plus restaurants across Delhi NCR.