Ola has acqui-hired Pikup.ai, an artificial intelligence (AI) startup based out of Bangalore. Under the deal, the team at pikup.ai will be joining Ola.
Pikup.ai was co-founded by Inder Singh and Ritwik Saikia. It uses autonomous technologies such as AI, computer vision and sensor fusion to offer seamless AI-powered solutions for businesses.
The ride hailing firm is increasing its focus on using advanced analytics and deep technology to build futuristic mobility solutions for India and the world. Pikup.ai's application of machine learning and AI will enable the company to identify deep insights that can lead to improved mobility outcomes.
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 of Pikup.ai, stated, “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.”