Mobile app based taxi company Ola (Ola) on Tuesday announced the acquisition of ‘Pickup dot AI’, a Bangalore-based Artificial Intelligence (AI) startup. The amount of this transaction has not been given. Under the deal, the team of Pickup.com AI will join Ola. The startup was founded by Inder Singh and Ritvik Saikia, co-founders of Pickup.com AI, to provide barrier-free AI-driven solutions to businesses using autonomous technologies such as AI, computer vision and sensor fusion. Ola co-founder and Chief Technology Officer Ankit Bhati explained, as we move forward on our mission to create mobility for one billion people, we are investing in future technology solutions that will transform mobility in India and the world will shape the future.
They are excited to welcome the pickup dot AI team to Ola and we look forward to co-creating innovative technology that will help redefine the mobility experience in the future, added Bhati. Ola is focusing on using advanced analytics and in-depth technology to create future mobility solutions for India and the world. Inder Singh, co-founder of Pickup.com AI said, “We are very excited to join Ola. Ola’s mission is to provide mobility solutions to a billion people and together we will create meaningful technology solutions.”