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Cab Aggregator Unicorn Ola Acquires Artificial Intelligence Platform Pickup.ai

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Bengaluru-based cab aggregator unicorn Ola has acquired Bengaluru-based artificial intelligence platform Pickup.ai. As part of the deal, the co-founders and employees of Pikup.ai will join the Ola team. When it comes to technology, Ola has been leveraging a lot and has been scaling volumes of success and growth. Its Electric Vehicle arm Ola Electric Mobility became one of the fastest unicorns in India last month. The company too highlighted its commitment and intent of investing in technology especially AI and ML to build futuristic mobility solutions for India and the world.


Ola acquihires Bengaluru-based AI startup Pikup.ai

#artificialintelligence

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.