Google has acquired Sigmoid Labs, the parent company of Bengaluru-based start up – Where is my Train Android app, which Sigmoid Labs informed in a post. Google has not disclosed the financial details of the acquisition. In August, The Economic Times had reported that Google was in talks to acquire the app for $30-40 million as part of its ‘Next Billion Users’ initiative.
Google confirmed the acquisition of the app without divulging any specific details. In its response to MediaNama, Google said, “We are excited to have Sigmoid Labs team join Google, and they will be part of a team that will continue to build on the current offering and more. We have no other specifics to share beyond their announcement.”
Where is my Train was rolled out in 2016, and founded by five former executives – Ahmed Nizam Mohaideen, Meenakshi Sundaram, Balasubramoniam Rajendran and Sashikumar Venkataraman – of a US based technology entertainment company- TiVo Corporation. The app provides the live train status of Indian Railways trains. According to the app description,
- When you are travelling, the app can spot the train accurately without internet or GPS as it uses cell tower information to find the location.
- The app is available in seven languages other from English: Hindi, Marathi, Bengali, Tamil, Telugu, Kannada and Malayalam.
- The app has been downloaded 10 million times.
Google’s India focus
- In October, Google launched a storage subscription service, ‘Google One‘ in India. The plan starts at Rs 130 per month and Rs 1300 per year for 100 GB storage.
- In August, Google unveiled Navlekhā which is a platform for offline news publishers to digitise their print publications.
- In June, the company said that its Wifi Hotspot program Google Station had reached 400 Indian railway stations. In 2015, Google had unveiled Google Station, a program for Wifi hotspots across many train stations in partnership with Indian Railways and the ISP Railtel.