Ride-hailing service Ola announced the acquisition of ‘pikup.ai‘, an artificial intelligence (AI) start-up based out of Bangalore, for an undisclosed sum.
pikup.ai uses autonomous technologies like AI, computer vision and sensor fusion to provides seamless AI-powered solutions for businesses.
Ola is increasing its focus on using advanced analytics and deep technology to build futuristic mobility solutions for India and the world.
Earlier this year, Ola announced its intent to set up an Advanced Technology Centre in the San Francisco Bay area to focus on developing next-generation technologies in mobility like electric, connected and autonomous vehicles.
“As we advance on our mission to build mobility for a billion people, we are investing in futuristic technology solutions that will shape the future of mobility in India and the world,” said Ankit Bhati, co-founder and Chief Technology Officer, Ola
Ola proclaimed its intent to set up an Advanced Technology Centre in the San Francisco Bay area to focus on developing next-generation technologies in mobility like electric, connected and autonomous vehicles.
“We are very excited to welcome the pikup.ai team to Ola and we look forward to co-creating innovative technology that will help redefine the mobility experience in the times to come,” Bhati said.
By bringing deep domain expertise to Ola, this ‘acquihire’ will also deliver innovations that continue to improve safety and transform customer experience, the company said.
