Indian cab aggregator Ola has announced the acquisition of Bengaluru-based artificial intelligence (AI) startup Pikup.ai on Tuesday. As part of the deal, which value was not disclosed, the team at Pikup.ai including founders Inder Singh and Ritwik Saikia will join Ola. "We are looking forward to joining Ola in 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. The acquisition will fuel Ola's plans to develop next-generation mobility technologies such as autonomous driving, electric and connected mobility. The company said it would do that also by setting up an Advanced Technology Centre in San Francisco.

Indian cab aggregator Ola on Tuesday said it had acquihired Bengaluru-based artificial intelligence startup Pikup.ai. As part of the deal, the team at Pikup.ai will join Ola. Speaking on the acqui-hiring, Inder Singh, Co-founder, Pikup.ai, said, By bringing deep domain expertise to Ola, this acquihire will also deliver innovations that continue to improve safety and transform customer experience. The cab aggregator also said it was increasing its focus on using advanced analytics and deep technology to build on its mobility solutions. With the availability of rich data, the application of machine learning and AI will enable the ride-hailing giant to identify deep insights that can lead to improved mobility outcomes.