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Jun, 19 2019

Ride-hailing startup Go-Jek buys AirCTO to expand engineering base in India

This acquisition will help Go-Jek to open its second engineering and product development center in Gurgaon.

Go-Jek, Indonesia-based ride-hailing startup, has acquired Bengaluru-based AirCTO, an Artificial Intelligence-based recruitment platform, for an undisclosed sum.

This acquisition will help Go-Jek to open its second engineering and product development center in Gurgaon.

According to the agreement, the AirCTO team will join Go-Jek with immediate effect and will look at building products that accelerate recruitments for Go-Jek.

Sidu Ponnappa, Managing Director, Go-Jek’s India, said, “With operations underway in Singapore, Thailand and Vietnam, we will now consider whether further acquisitions are needed as we seek to bring in entrepreneurial teams who can help us further develop the multi-service business model that makes Go-Jek a leader in Southeast Asia.”

Atif Haider, Founder of AirCTO, stated, “Over the past three years, we’ve helped a range of startups and corporates source qualified candidates for critical technology roles. We were in talks with a number of other tech giants, but we found Go-Jek to be the best fit, as we share similar DNA - something that’s really important for us. We intend to use our prowess in recruitment to contribute to the hyper-growth Go-Jek is currently experiencing across Southeast Asia.”

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