Indonesia’s long-stay rental provider Rukita has announced the official acquisition of Infokost.id, a local search site for boarding houses.
The deal size has not been disclosed.
Infokost.id was owned by GDP Venture, a Djarum Group financing company. In December 2020, GDP Venture announced the closure and termination of Infokost’s operations. Rukita then took it over and revitalised the business with a series of innovations. Currently, Infokost.id offers one million rooms on its property listing platform and serves 50,000 property owners.
Consumers who want to find a boarding house can go to the Infokost site and register using their mobile phone number. Then, consumers can search and instantly make reservations at properties on its verified list by filling out the form and directly connecting with the Infokost.id team, which will forward the request to the property owner.
Also Read: How Rukita turned the pandemic into an opportunity to grow its co-living business
At the same time, boarding house owners who want to partner with Infokost.id can register their properties at Infokost.id.
“With this acquisition, we can serve more consumers and property owners across Indonesia through Infokost.id. This is one of several Rukita business expansions planned for 2022,” said Xu-Zonne Ho, Co-Founder and CTO of Rukita.
A Sequoia Surge startup, Rukita seeks to provide a hassle-free living experience for residents and property owners. The firm said in a press release that it won a total of 13 million website users since its first launch in mid-2019.
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