The population of the world is growing as fast as it could which had made the transport system in the world chaotic. Then companies like Uber came which to some extent solved the mighty problem. Indian taxi-service startup Ola has been fighting neck to neck with the Uber in the sector.
Indonesia based transportation and services company Go-Jek is working on a strategy to launch the company in the massive market of India. As per the reports in Economic Times, Go-Jek is eying a mid-2018 launch of the company in Gurgaon city of Haryana. They are also exploring the opportunity in the southern part of the country.
The company recently received a massive boost when Astra, an automotive giant announced that it was investing in the firm. They invested $150 million in the firm.
The company was launched as a bike taxi business but later ventured in other sectors such as courier delivery along with food and groceries. Interestingly, Ola recently bought the food delivery firm Foodpanda to compete with Uber who started UberEats in four metro cities of the country.
Ola and Uber are also running their bike and taxi services in few of the Indian cities. The competition in coming days in the bike and taxi platform is set to get tougher it seems as the new entrant tries to settle their feet in one of the most populated countries in the world.
Go-Jek started making inroads in the country when they have bought Pune-based mobile application developer Leftshift who had worked with firms like Book My Show and Walnut. They had also acquired Pianta, a Bangalore-based healthcare service startup. Go-Jek also has an engineering unit in Bangalore.
Image Courtesy : convergence ventures, dealstreetasia