INDIA INDONESIA MERGERS & ACQUISITIONS NEWS

[Updated] Go-Jek acquires Indian home healthcare marketplace Pianta

With this deal, the Indonesian ride-hailing startup aims to bolster its foray into the healthcare space

By Anisa Menur A. Maulani

Image Credit: DailySocial

Image Credit: DailySocial

Indonesian ride-hailing startup Go-Jek has acquired Bangalore-based online marketplace for home healthcare services Pianta, according to an Economic Times report. The financial details were not disclosed.

The move is aimed at bolstering Go-Jek’s foray into the healthcare sector, according to this report.

“GO-JEK is moving to launch an on-demand healthcare product which might have delivery and logistics’ issues. This is where Pianta’s forte is,” said Sidu Ponnappa, Managing Director, Go-Jek Engineering India.

Also Read: [Updated] Go-Jek joins the fray, closes US$550M in Asia’s ride-hailing war, led by global consortium

Founded in 2015 by Swaminathan Seetharaman, Ganesh Subramanian and Nitin Agarwal, Pianta allows customers to book home visits for physiotherapy, nursing and lab sample collection. It received an undisclosed amount of seed funding from Freecharge founders Kunal Shah and Sandeep Tandon earlier this year.

Post acquisition, Pianta’s is eight-member team will merge with Go-Jek’s engineering team in Bangalore. In total, there will be 70 people assisting Go-Jek’s operations in the region. According to a press statement by the ride-hailing startup, it is set to double its team within the upcoming months.

The Pianta co-founders will be joining a core leadership team at Go-Jek Engineering India, led by Ponnappa as Managing Director, whose firm C42 Engineering was bought in 2015 by Go-Jek.

Also Read: Go-Jek wins big at Indonesian chapter of Asean Rice Bowl Startup Awards

There have been rumours about Go-Jek launching healthcare services, with the reported testing of medicine delivery service Go-Med. The company recently invested in Indonesian health-tech startup HaloDoc, which allows patients to connect with doctors via an app. HaloDoc’s sister company, ApotikAntar, is a home delivery service for prescription medicine.

“At GO-JEK, we constantly seek to continue to push the boundaries of innovation. Pianta’s role will be very important to strengthen our technology excellence to bring the best services for customers. We believe this acquisition will advance our mission to become the largest on-demand application of choice for all Indonesians,” said Nadiem Makarim, Go-Jek Indonesia CEO and Founder, in a press statement.

The acquisition marked Go-Jek’s third purchase in the country, after Bangalore-based C42 Engineering and Delhi-based CodeIgnition.

  • Go-Jek
    Go-Jek Indonesia GO-JEK is Jakarta's personal time-saver. They are an all-in-one convenience service: Your driver, your courier, and your personal shopper. You name it, they'll do it, INSTANTLY! Funding: Undisclosed Venture Round Investors: NSI Ventures Sequoia Capital
  • Pianta
    Pianta India Pianta is a mobile platform that connects customers with service providers in realtime. Funding: Undisclosed Acquisition Investors: Go-Jek

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