Indonesia’s based food and grocery delivery startup GO-JEK has acquired Bangalore based Pianta, a marketplace for home healthcare services, for an undisclosed sum. Post the acquisition, Pianta’s eight member team will merge with GO-JEK’s engineering centre in Bangalore.
Founded in 2010, GO-JEK has over two lakh motorbike taxis, known as “ojeks” in its fleet. Since then, the company has diversified into food, grocery and even courier delivery services. GO-JEK raised $550 million in 2016 from the likes of KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets.
In India, GO-JEK doesn’t have any services but has an engineering centre in Bangalore where it employs 60 people.”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,” Sidu Ponnappa, Managing Director, GO-JEK Engineering India said.
Pianta which was founded in 2015 by Swaminathan Seetharaman (ex-Ola), Ganesh Subramanian (ex-Ola), and Nitin Agarwal (ex-Flipkart) had received an undisclosed amount of seed funding from Freecharge founders Kunal Shah and Sandeep Tandon earlier this year.
“We met through mutual friends and realised GO-JEK’s interest in our domain expertise,” said Swaminathan Seetharaman, CEO & Co-founder, Pianta.