Leading ride-hailing company Ola 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.
Ola wants to build futuristic mobility solutions in India and beyond, through advanced analytics and deep technology. Pikup’s AI capabilities will help the company to identify deep insights that can lead to improved mobility outcomes through machine learning, computer vision and other emerging areas of deep technology.
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.
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 added: “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.”