Google acquires Sigmoid Labs, the maker of Where is My Train app

Google has recently reported to have acquired Sigmoid Labs which is the parent company of the popular “Where is My Train” app.

Google acquires "Where is my train" app

Where is My Train app is one of the most popular app among train travelers in India with over 10 Million downloads on the google play app store. Unlike other apps which would need internet connection to give train location, this app can give the location of the train without using Internet or GPS. It uses cell phone tower information to give train location. Not only that, it can also give wake alarms to passengers when their destination station is nearing.

Google’s acquisition of Where is my train app, is part of its aggressive “Next Billion Users” strategy. The deal value of this acquisition though not officially announced, is expected to be around $30-$40 Million.

This deal was in development since August 2018 when Economic Times first reported its development, though the claims were refuted by the company. Probably, they wanted to wait till it is officially finalized.

Sigmoid Labs was founded by 5 former executives of TiVo Corporation. It was founded in 2016. Currently the company is based out of Bengaluru, India with a team size of 10 employees.  As per current disclosures, “Where is my train” was the only product they were working on at Sigmoid Labs, putting all their heart and soul into it.

Here is a Slideshare Document prepared by us, which shares more insights into this startup.

Content is copyrighted © www.123mylist.com