Bengaluru-based cab hailing unicorn Ola has announced the acquihire of Bengaluru-based artificial intelligence startup Pikup.ai. The deal value remains undisclosed, however, Pikup.ai founders — Inder Singh and Ritwik Saikia — along with its team will join Ola. With the acquihire, Ola aims to advance the application of machine learning and AI to identify deep insights that can lead to improved mobility outcomes. This will include investments in early-stage businesses, acquisitions as well as acquihires across Artificial Intelligence, Machine Learning, Computer Vision and other emerging areas of deep technology.
Ola’s Modernisation Drive Continues With Acquihire Of Pikup.ai
Date posted: Wednesday 14 August 2019