Jakarta-based point-of-sale (POS) provider Moka has bought GetFocus, a Mumbai-headquartered retail analytics company, for an undisclosed amount.
GetFocus was incorporated in 2014 by Prateek Chaturvedi and Manoj Gudi. It offers a comprehensive Indoor Positioning Solution for app developers.
Prateek Chaturvedi said, "We were in talks with Sequoia for a Series A round and were given an option to work with Moka. The GetFocus product will help Moka drive retail intelligence as an add-on product to its PoS software."
Founded in 2014 by Haryanto Tanjo and Grady Laksmono, Moka provides end-to-end POS and payment solutions that empower small and medium businesses in Indonesia to increase their sales.
Haryanto Tanjo said, "Moka has been growing very rapidly in the past and we have more than 12,000 merchants using our services every day. We realised the need to have a very strong technology and research arm in India and acquiring GetFocus will help us strengthen our technology excellence and leadership and bring the best services for your customers."
Harshvardhan Rajgarhia, an angel investor at GetFocus, said, "It has been a pleasure to work with the GetFocus team from their early days. A lot of Indonesian firms are expanding into India, and we see GetFocus' acquisition as a welcome sign that this market will grow."