Friday, August 23, 2019
News

Ola acquires Bengaluru-based AI start-up Pikup.ai

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Bengaluru | Tuesday, 2019 8:45:06 PM IST
Ride-hailing service Ola on Tuesday announced the acquisition of 'pikup.ai', an artificial intelligence (AI) start-up based out of Bangalore, for an undisclosed sum.

As part of the deal, the team at pikup.ai will join Ola.

Co-founded by Inder Singh and Ritwik Saikia, pikup.ai uses autonomous technologies like AI, computer vision and sensor fusion to provides seamless AI-powered solutions for businesses.

"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.

"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.

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.

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.

"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," said Inder Singh, co-founder of pikup.ai.

--IANS gb/kr

( 271 Words)

2019-08-13-14:42:07 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE SCIENCE NEWS
Android 10 coming on all Nokia smartphon...
Pollution and winter linked with higher ...
Huawei has no plan to launch Harmony OS ...
ISRO releases Moon picture showing Mare ...
Russia launches humanoid robot into spac...
Need to undertake intensive work on pota...
More...
 
INDIA WORLD ASIA
Security beefed up in UP for Janmashtami...
ICHR should carry out research for socie...
Chhattisgarh HC advocate files affidavit...
Maharashtra: Nigerain national arrested ...
UP: FIR registered against BJP MLA, aide...
NITI Aayog VC calls for 'extraordinary' ...
More...    
 
 Top Stories
Kota Neelima's paintings inspired b... 
It's always best to play your age: ... 
Manmohan Singh takes oath as Rajya ... 
Structural reforms needed to spur g... 
Kerala opposition demands withdrawa... 
Soldier killed in Pak shelling at L... 
By Mohammed Shafeeq... 
Tharoor backs Singhvi, Ramesh, says...