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Go-Jek acquires another Indian start-up

Go-Jek acquires another Indian start-up

Kristin Mariano

- June 13, 2019

Ride-hailing giant Go-Jek turned to another Indian start-up to further its growth. The company announced that it has acquired AirCTO, a recruitment platform based in Gurgaon.

Details of the deal are not disclosed. AirCTO’s platform uses a mix of AI and humans to help companies hire “top” developer talent. AirCTO’s entire team will join Go-Jek’s R&D workforce in India to develop “products that accelerate the recruitment of talent” within its ranks.

Go-Jek will reportedly put up a Gurgaon office to house its 500 tech staff that came from most of its acquisitions. AirCTO is Go-Jek’s 10th acquisition. The multi-billion dollar tech company has acquired C42 Engineering, Pianta and Leftshift Technologies prior to form an offshore R&D division.

Go-Jek is the midst of raising a round that it claims has already passed the USD 1 billion mark at a valuation approaching USD 10 billion.

Go-Jek vs Grab

Since Uber’s exit in Southeast Asia last year, the region has become the battleground of ride-hailing firms Grab and Go-Jek. Grab, backed by Softbank’s Vision Fund and valued at USD 14 billion, also has a presence in India.

Grab and Go-Jek are competing to become the region’s ‘super app.’ Therefore, the two tech companies steadily add new features and services. Those range from the obvious like food and grocery deliveries to messages, haircuts and other services on demand, and now even games, video streaming and other entertainment.

Grab operates in eight countries while Go-Jek, which finally forayed outside of Indonesia last year, is present in four.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

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Go-Jek acquires another Indian start-up

Kristin Mariano

- June 13, 2019

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats