#Asia Go-Jek buys two Indian startups C42 Engineering, CodeIgnition


The bike-taxi service zeroed in on the two software startups as it was searching for a solution to fix a bug in its app



Indonesia’s largest bike-taxi app Go-Jek has announced its arrival into India with the acquisitions of two startups — Bangalore-based C42 Engineering and Delhi-based CodeIgnition.

The details of the transactions remain undisclosed.

With this, Go-Jek plans to open a development centre in Bangalore and hire over 100 engineering engineering staff over the next six months, according to various media reports.

It is not immediately clear whether the company is planning to launch bike-taxi services in India. We have contacted the company for details and will update the post accordingly.

Go-Jek is the fastest-growing startup in Indonesia and is backed by Sequoia Capital India and Yuri Milner’s DST Global. Sequoia reportedly facilitated the deals while Go-Jek was searching for a solution to a software bug that hit its mobile app, says an Economic Times report, quoting its Founder Nadiem Makarim.

Also Read: Sexual assault and gun violence, a tale of two Go-Jek drivers

“We lost control over our growth then our investor Sequoia extended a helping hand by introducing us to founders of C42 and CodeIgnition, they saved us from imploding,” said Makarim.

The app registered 11 million downloads since its launched in January last year.

Founded in 2010, C42 Engineering is a boutique technology consultancy that specialises in delivering Ruby and Rails solutions. C42 has also launched rubymonk.com, an education product that teaches Ruby programming product that sees 200,000 users annually.

CodeIgnition is a lean and agile startup that helps new and emerging startups to build, deploy, automate and scale business critical solutions.

GO-JEK has partnered with over 200,000 motorcycle taxi in Greater Jakarta area, Bandung, Bali and Surabaya for taxi services and delivery of goods.

The post Go-Jek buys two Indian startups C42 Engineering, CodeIgnition appeared first on e27.

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