Tuesday, May 15, 2012

CollegeBudget Acquires Y Combinator-Backed Munch On Me To Bring Food Deals To Campuses

Screen shot 2012-05-15 at 8.27.12 AMLast year, CollegeBudget launched with the goal of bringing a variation on the Groupon discount and group buying model to the campus. The goal being to help college students at colleges and universities across the country fight high costs by offering discounts on everything from textbooks to student loans. Today, CollegeBudget is moving more aggressively into local offers, particularly around food. For hungry, cash-strapped students, food discounts can be extremely appealing, especially when one of the alternatives is the school's cafeteria. That's why the startup is today announcing that it is acquiring Y Combinator-backed Munch On Me, a food discovery portal that connects people with great good at affordable prices from local restaurants.

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