Travel booking website Yatra.com has acquired Bangalore- based auto-rickshaw aggregator mGaadi in an undisclosed amount. As part of the deal, its employee transportation platform – Cartr and related mGaadi technologies will now be integrated into Yatra’s products.
Vishy, the co-founder of mGaadi, informed through the blog, “In mid-May, after a series of exciting conversations and meetings with Yatra CXOs, the terms of the acquisition were finalised. On June 10, we signed a definitive agreement to be acquired by Yatra.”
Founded in 2012, mGaadi is a Bangalore-based commuting service, which is operated by Drivers Network, a social enterprise, and claims to have more than 13,000 drivers as part of its network.
Gurgaon-based Yatra.com has acqui-hired Mumbai-based Travel-logs earlier this year in January. Travel-logs specialises in organising customised city walks and private tours.
Users can request mGaadi autos via smartphone apps (Android, iOS, Windows Phone) or the web (mgaadi.com).