Ola buys artificial intelligence start-up Pikup.ai

Ride hailing company Ola has acquired Pikup.ai, a Bengaluru-based artificial intelligence (AI) start-up.
OLA cabs in BangalorePikup.ai is 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.

Ankit Bhati, co-founder and CTO of Ola said: “Pikup.ai and Ola look forward to co-creating innovative technology that will help redefine the mobility experience.”

Ola announced its plans 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.

Ola serves 250 plus cities across India, Australia, New Zealand and the UK. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles including bikes, auto-rickshaws, metered taxis, and cabs.

Its core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric; its fleet management business, Ola Fleet Technologies and Ola Skilling, aims to enable millions of opportunities for India’s youth.