Indonesian Unicorn GO-JEK to Invest in India's Faaso's and Mobile Premier League
29 March 2019 10:48 PM GMT
Indonesian unicorn startup Go-Jek, is reportedly on verge of closing two investment deals with Indian startups -- on-demand food startup Rebel Foods (Commonly known as Faaso's) and e-sports platform Mobile Premier League, said a report by Times of India, citing sources privy to the matter. Go-Jek intends to set up a
- Indonesian unicorn startup Go-Jek, is reportedly on verge of closing two investment deals with Indian startups - on-demand food startup Rebel Foods (Commonly known as Faaso's) and e-sports platform Mobile Premier League , said a report by Times of India , citing sources privy to the matter.
- Backed by Singapore's Temasek Holdings, Go-Jek is an on-demand super app that covers everything from ride-hailing, food delivery and payments & financial services, has a large food delivery business called Go-Food, which has more than 3 lakh merchants on its platform and the company intends to take the cloud kitchen expertise of Rebel Foods to the Southeast Asian market.
- The acquisition was aimed at strengthening and upscaling GO-JEK's product development, design and engineering platforms to support the unicorn's burgeoning Indonesia operations.
- GetFocus uses indoor navigation technology that utilizes existing hardware, like WiFi and mobile phones, to accurately locate consumers inside indoor locations such as malls, shops, airports, warehouses etc.
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