Online search engine giant Google has announced that it has acquired Sigmoid Labs, the parent company of the popular train tracking app named Where Is My Train. While the company has not revealed any specific number of the deal, media reports indicate that the deal could be worth around $30-40 million.
Where Is My Train app was developed in 2016, which lets its users check live train status without internet connectivity. The application has notched up over 10 million downloads on Android and has attracted attention from both Google and Xiaomi.
It has also become the number one app in the ‘Travel and Local” section of Google Play Store in India. The app is currently available in around eight regional languages, including Hindi, Marathi, Bengali, Tamil, Telugu, Kannada and Malayalam.
In a post, Sigmoid Labs says:
We’re excited to share that Sigmoid Labs, the team behind the “Where is my train” app, is joining Google. We can think of no better place to help us achieve our mission, and we’re excited to join Google to help bring technology and information into more people’s hands.
It further adds that the app was created with the mission to use technology to improve the lives of millions of Indian train travelers. The company says that over time, they improved the app to make it even more convenient and useful.
The company’s rivals include heavily-funded players like RailYatri and iXigo, both of whom are spending heavily on promotional marketing. The acquisition of Where Is My Train by Google could hint at its integration with Google Maps or integration with Google Pay for on-the-go bookings.