Indonesian Bike Taxi Service Go-Jek Acquires Healthcare Marketplace Pianta

Indonesian Bike Taxi Service Go-Jek Acquires Healthcare Marketplace Pianta

Sequoia-backed Indonesian bike-taxi service Go-Jek has acquired Bengaluru-based healthcare marketplace Pianta for an undisclosed amount. The acquisition will help fast track the development of Go-Jek’s logistics and transportation platforms to support its Indonesia operations.

Sidu Ponnappa, Managing Director, Go-Jek Engineering India said, “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.” He further added, “Go-Jek is moving to launch an on-demand health care product which might have on-demand delivery and logistics’ issues, which is where Pianta’s forte is.”

Go-Jek was founded in 2011 and began as a bike-taxi service. It later on diversified into food, courier, and grocery delivery verticals. The startup also has aggregated trucks on its platform. It has partnered with over 200,000 motorcycle drivers and 5,000 trucks across Indonesia.

On the other hand, Pianta was founded in 2015 by Swaminathan Seetharaman, Ganesh Subramanian and Nitin Agarwal, with an aim to connect trusted home health care providers with consumers. It helps discover and book appointments with healthcare providers that provide home visits for physiotherapy, nursing and lab sample collection. It is operational currently in Bengaluru, Chennai, Delhi, Hyderabad, Nokia, and Gurugram as mentioned on the site. In May 2016, it raised undisclosed amount in Seed funding from FreeCharge founders Kunal Shah and Sandeep Tandon. Companies operating in this space include Accel and IFC-backed Portea, while players like Apollo Hospitals, Dabur and Medwell Ventures are said to be big competitors of the healthtech portal.

In February this year, Go-Jek had acquired two Indian startups, Bengaluru-based software company C42 Engineering and Noida-based CodeIgnition, for an undisclosed amount. The deal was aimed for Go-Jek to set up an R&D centre in Bengaluru, where it planned to recruit over 100 senior engineers in the next six months. With Pianta’s acquisition, its eight member team will also merge with Go-Jek’s engineering centre in Bengaluru. Go-Jek Engineering India focusses on product innovation, mining data and crafting consumer experiences for its parent company GO-JEK.

Last month, Go-JEK had secured more than $550 Mn in a new round of funding led by KKR and Warburg Pincus LLC. It competes against the likes of Uber and Grab.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Indonesian Bike Taxi Service Go-Jek Acquires Healthcare Marketplace Pianta-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Indonesian Bike Taxi Service Go-Jek Acquires Healthcare Marketplace Pianta-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Indonesian Bike Taxi Service Go-Jek Acquires Healthcare Marketplace Pianta-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Indonesian Bike Taxi Service Go-Jek Acquires Healthcare Marketplace Pianta-Inc42 Media
Indonesian Bike Taxi Service Go-Jek Acquires Healthcare Marketplace Pianta-Inc42 Media
You’re in Good company