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Ola acquires GeoSpoc to build next-generation location technology

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Ola acquires GeoSpoc to build next-generation location technology

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NEW DELHI :

Ola, India’s largest mobility platform, on Tuesday, said it has acquired GeoSpoc, a leading geospatial services provider in India.

Making the announcement on a blog post, Bhavish Aggarwal, co- founder and CEO, Ola said, “Dhruva and his team of Geospatial scientists and engineers will be joining Ola to develop technologies which will make mobility universally accessible, sustainable, personalised, and convenient, across shared and personal vehicles.”

The Ola CEO said, “Enhanced geo-spatial services will also go a long way in improving urban planning including road networks, better public transportation and pre-empt congestion spots.” 

Agarwal said Ola has the data and the expertise to build this utilizing its ‘deep understanding of consumer movements as well as our massive network of 2, 3 and 4Ws that provide unprecedented geo-spatial details’.

Ola can layer this data with new sources such as satellite imagery and visual feeds from its network on-ground to build ‘Living Maps’, Agarwal further added.

 

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