Ola, one of the world’s largest ride-hailing companies, has acquired Pikup.ai, an artificial intelligence startup based out of Bangalore, India. Co-founded by Inder Singh and Ritwik Saikia, Pikup.ai uses autonomous technologies like artificial intelligence, computer vision, and sensor fusion to provides seamless AI-powered solutions for businesses.
Ankit Bhati, Co-founder & CTO, Ola said, “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. 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.”
Inder Singh, Co-founder Pikup.ai said, “Ola is one of the world’s most admired mobility platforms and has pioneered many innovations in mobility and beyond in such a short span of time. We are looking forward to joining Ola on its mission to build mobility for a billion people and are very excited about building meaningful technology solutions that have a deep impact on the lives of millions, every single day.”
Ola is increasing its focus on using advanced analytics and deep technology to build futuristic mobility solutions for India and the world. With Ola’s expertise in the segment and the availability of rich data, the application of machine learning and AI will enable the company to identify deep insights that can lead to improved mobility outcomes
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. By bringing deep domain expertise to Ola, this acquihire will also deliver innovations that continue to improve safety and transform the customer experience.
Ola was founded in 2011 by Bhavish Aggarwal and Ankit Bhati with a mission to build mobility for a billion people.