Indonesias Moka buys Mumbai start-up GetFocus

Indonesias Moka buys Mumbai start-up GetFocus
Indonesias Moka buys Mumbai start-up GetFocus

Moka, a Jakarta-based firm that provides cloud-based point-of-sale (PoS) software, has acquired Mumbai-headquartered retail analytics company GetFocus for an undisclosed amount. Venture capital firm Sequoia India, which led Moka's Series B round of $24 million in September, played matchmaker for the acquisition of the firm legally named as Focus Analytics Pvt. Ltd. Prateek Chaturvedi, co-founder and chief executive of GetFocus, was quoted as saying: “The GetFocus product will help Moka drive retail intelligence as an add-on product to its PoS software.” GetFocus uses wireless analytics to collect data on customer walk-in, targeted marketing and notifications. The company, which has worked with ticketing platform BookMyShow, HDFC Bank and more, has shut its India operations to focus on Moka's clients in Indonesia. Chaturvedi added: “We will be setting up the technology office for Moka in Bengaluru with 15 to 20 people to begin with. This is part of a larger trend as companies look at India technology centres due to the ready availability of talent.” Moka chief executive Haryanto Tanjo said in a statement, “We realised the need to have a very strong technology and research arm in India and acquiring GetFocus helps us strengthen our technology excellence and leadership and bring the best services for your customers.”

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