With Sequoia As Pillion, Go-Jek’s Indian Motorcycle Diaries Kick Off: Acquires C42 and CodeIgnition

With Sequoia As Pillion, Go-Jek’s Indian Motorcycle Diaries Kick Off: Acquires C42 and CodeIgnition

SUMMARY

The startup will set up R&D centre in Bangalore

Indonesian bike-taxi service Go-Jek has acquired two Indian startups, Bangalore-based software company C42 Engineering and Noida-based CodeIgnition, for an undisclosed amount.

With this the founding members of both the startups will be a part of Go-Jek’s tech-leadership.

The deal is aimed at helping Go-Jek set up an R&D centre in Bangalore, where it plans to recruit over 100 senior engineers in the next six months.

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

The Sequoia-backed, Go-Jek, recently got hit by a bug on its mobile-app. That’s when it came in contact with the Indian startups in search for a solution to the software bug. Nadiem Makarim, Go-Jek founder, recalls that when they lost control over growth, Sequoia extended a helping hand by introducing them to the founders of C42 and CodeIgnition. The two startups helped Go-Jek scale-up backend operations to match demand and growing user base.

Makarim is an alumnus of Harvard Business School and has worked at McKinsey and Rocket Internet. Talking about Go-Jek, he said, “We are all online and offline businesses rolled up into one, which is unlike India and China where things are fairly specialised. Go-Jek is a mix of Ola, Zomato, Tinyowl, Grofers and few other startups rolled into one given the cross selling opportunities.”

On the other hand, Bangalore-based C42 Engineering was founded by  Niranjan Paranjape, Aakash Dharmadhikar and Sidu Ponnappa in 2010. It is a technology consultancy that specialises in delivering extremely high quality Ruby and Rails solutions. The company has been tech consultants for companies like Flipkart, Staples Labs, Quintype, UrbanLadder, etc.

While Noida-based CodeIgnition helps new and emerging startups to build, deploy, automate & scale-up infrastructure and app solutions. It was founded by Ajey Gore, along with Sumit Gupta, Shraddha Gore, Shobhit Srivastava, and Mehakdeep Singh, in 2013.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


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.

With Sequoia As Pillion, Go-Jek’s Indian Motorcycle Diaries Kick Off: Acquires C42 and CodeIgnition-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.

With Sequoia As Pillion, Go-Jek’s Indian Motorcycle Diaries Kick Off: Acquires C42 and CodeIgnition-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.

With Sequoia As Pillion, Go-Jek’s Indian Motorcycle Diaries Kick Off: Acquires C42 and CodeIgnition-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.

With Sequoia As Pillion, Go-Jek’s Indian Motorcycle Diaries Kick Off: Acquires C42 and CodeIgnition-Inc42 Media
With Sequoia As Pillion, Go-Jek’s Indian Motorcycle Diaries Kick Off: Acquires C42 and CodeIgnition-Inc42 Media
You’re in Good company