e-commerce
Zomato acquires Gastronauci.pl
Zomato has acquired Poland’s restaurant search service, Gastronauci.
Zomato founder and CEO Deepinder Goyal said, “Ola and the Gastronauci team have built an excellent product that has a significant mind share in Poland. We are very happy to welcome Gastronauci into the Zomato family. Both Zomato and Gastronauci are committed towards building the best platform possible to connect users and the restaurant industry. We are excited to work on building an integrated product combining our technology with Gastronauci’s exhaustive reach in Poland.”
The team at Gastronauci will be working closely with the Zomato team following the acquisition.
“We have had great success in building a strong and engaging user base for Gastronauci in Poland since 2007. This is an exciting new chapter for us and we look forward to working with Zomato and use their technology and product expertise to bring a new enhanced experience for both consumers and merchants,” said Gastronauci founder and CEO Ola Lazar.
Zomato international operations director Pramod Rao added, “We are planning to expand into multiple geographies in the immediate future and expansion in Europe is one of our key focus areas. We are delighted to have Gastronauci on board and look forward to strengthening our presence further in Central and Eastern Europe.”
Zomato has been aggressively expanding its global presence over the past two quarters, while also strengthening its presence in existing 16 markets. In August 2014, Zomato acquired Lunchtime.cz and Obedovat.sk, the Czech Republic’s and Slovakia’s most popular restaurant guides respectively, for a combined amount of $3.25 million. Shortly before that, in July 2014, Zomato acquired MenuMania, the leading restaurant discovery service in New Zealand. The three acquisitions in the Czech Republic, Slovakia and Poland are strategic moves to establish Zomato’s presence as a leader in the restaurant discovery space in central and eastern Europe.
e-commerce
American Express to acquire AI startup Hyper to boost automation
Deal targets expense management as AI reshapes corporate spending tools.
MUMBAI: From receipts to robots, the expense sheet is getting a brain upgrade as American Express moves to bring artificial intelligence into the heart of corporate spending. The company has announced plans to acquire Hyper, a relatively young but fast-rising startup founded in 2022 that builds AI-powered agents capable of organising expenses, generating reports, verifying compliance with budgets and policies, and nudging users with timely reminders. The deal, expected to close in the second quarter of 2026, underscores a growing shift among financial institutions to automate traditionally manual, time-heavy workflows.
Hyper counts Sam Altman among its backers, adding a layer of Silicon Valley credibility to the acquisition. While financial details remain undisclosed, the strategic intent is clear: deepen automation capabilities and sharpen American Express’s position in the competitive corporate spending ecosystem.
The two companies are not strangers. They previously collaborated in 2024 on a co-branded credit card product, suggesting that the acquisition is less a cold buy and more an extension of an existing relationship. With this move, American Express is effectively bringing that capability in-house, aiming to embed AI directly into its commercial services stack.
Chief executive Stephen Squeri had already signalled the direction of travel in a recent shareholder letter, describing AI as a “structural shift” in how businesses operate. The Hyper acquisition appears to be a direct response to that shift, particularly in expense management, where processes such as approvals, compliance checks and reporting remain ripe for automation.
Alongside the acquisition, the company is also expanding its product suite. A recently launched business credit card offers cashback and benefits at an annual fee of $295, with another card expected later this year moves that complement its broader push into commercial services.
Taken together, the strategy points to a future where managing expenses may require fewer spreadsheets and more algorithms. For American Express, the bet is simple, if businesses are rethinking how work gets done, the tools that power that work need to evolve just as quickly.
