One of Indonesia’s leading startups GO-JEK has acquired Bengaluru-based marketplace for home healthcare services, Pianta. The amount for the transactions is not out in open yet. GO-JEK is backed by Sequoia Capital and Yuri Milner-backed DST Global and delivers food and grocery items in Indonesia.
The acquisition is expected to strenghten GO-JEK’s entry into the healthcare space. Sidu Ponnappa, Managing Director, GOJEK Engineering India, said in a statement:
“GO-JEK is moving to launch an on-demand healthcare product which might have on demand delivery and logistics issues, which is where Pianta forte is,”
Founded in 2010, GO-JEK has over two-lakh motorbike taxis, known as “ojeks” in its fleet. Since its inception, the company has forayed into food, grocery and even courier-delivery services. In August this year, the company became the first Startup in Indonesia to raise USD 550 million from the likes of KKR, Warburg Pincus, Farallon Capital, Capital Group Private Markets. Although GO-JEK doesn’t have provide any services in India, but it has an engineering centre in Bengaluru where it employs 60 people.
Pianta was founded in 2015 by Swaminathan Seetharaman (ex-Ola), Ganesh Subramanian (ex-Ola), and Nitin Agarwal (ex-Flipkart). The startup had received seed funding from FreeCharge founders Kunal Shah and Sandeep Tandon earlier this year. Swaminathan Seetharaman, cofounder, Pianta, said in a statement:
“We met through mutual friends and realised GO-JEK’s interest in our domain expertise,”
“Pianta’s core team comes from Ola and Flipkart and their expertise in the logistics and payments sector is well aligned with our goals and what we are planning to achieve in the coming quarters,…India has a great pool of technology and product development minds. The Bangalore office plays a strategic role in accessing talent for us across all spheres of product delivery, development, architecture, user experience, and quality control,”