Go-Jek, the Indonesian ride-hailing
service backed by Sequoia Capital, KKR & Co and Warburg Pincus, has
acquired Bangalore based health care marketplace Pianta, its third acquisition
in India. The purchase is aimed at beefing up its engineering team in India, which
is focused on product innovation and mining data to better serve Go-Jek
customers in Indonesia.
Go-Jek, which introduced a mobile
app in January 2015 to provide motorcycle rides on demand, raised more than
$550 Million in a round of funding in August to compete with Uber Technologies Inc.
and Grab, two private car hailing startups that have begun two wheeled services
on its home turf.
Go-Jek has become one of the most
popular ways to get around in Indonesia, especially in traffic snarled cities
like Jakarta. The company has branched out to other services, including food
delivery, same-day delivery, grocery shopping and household cleaning. In April,
it introduced an e-wallet service called Go-Pay to enable payments across its
diverse services.
Pianta, which helps customers find
and make appointments with healthcare providers, was founded in 2015. Go-Jek
has acquired two other Indian startups in the past to bolster its engineering
ranks. Grab, Go-Jek rival in Indonesia, raised $750 Million this month from Investors
including Softbank Group Corp.
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