Coca-Cola Amatil acquires minority stake in Singapore startup

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Coca-Cola Amatil has taken a minority stake in Singapore-based restaurant tech start-up TabSquare through its Amatil X accelerator division.

 

TabSquare provides artificial-intelligence-based solutions to restaurants, including the self-learning SmartKiosk self-ordering system, which provides meal recommendations to consumers by using their phone number to determine their eating preferences.

 

The company has also created a range of other AI-based solutions for restaurants, such as the tablet-based SmartTab waiter service, the SmartApp online-ordering platform and more.

 

According to SmartTab, its solutions can help optimise the operations of restaurants by reducing labour costs, improving the restaurant experience for diners and improving operational efficiency for restaurant owners.

 

This venture marks the second investment that Amatil X has made since the business accelerator was established by Coca-Cola Amatil earlier this year.

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