+1-888-308-5802     
News Contact Us

Ola to establish advanced technology center in Uber’s home ground

Author : Sunil Hebbalkar | Published Date : 2019-06-15 

Indian ride-hailing platform Ola has reportedly announced plans to establish an Advanced Technology Center in San Francisco Bay Area, which is the home ground of its biggest rival Uber, with over 150 engineers in a bid to amplify its engineering and development operations.

With a sole objective of innovation in urban mobility and development of new tech capabilities, the new facility intends on hiring new talent, who will collaborate with global teams across various regions where Ola operates, cited credible sources.

According to sources familiar with the development, the new facility will develop technology solutions for its electric mobility and connected vehicles unit, and also experiment with autonomous vehicles. In an effort to achieve this, Ola plans to hire experts in data sciences, AI, machine learning, engineering, and product development teams.

Ankit Bhati, Ola’s Co-Founder and Chief Technology Officer, said in a statement that the company is thrilled about launching an Advanced Technology Center in the Bay Area. The Valley and the talent network in this region are favorable for the development of next-gen mobility solutions, Bhati added. Moreover, this also marks a huge milestone in the company’s journey as a global mobility player, with a mission to inspire talent from across the world to be a part of the organization, he said.

For the record, the Bengaluru-based company holds presence across 150 cities in India in addition to operations in countries like Australia, New Zealand, and the UK serving over 150 million users with more than a billion rides every year. The company executed last international expansion back in April in the UK by launching its services in seven cities comprising Liverpool and Manchester.

Presently, Ola has four main operations. Company’s electric vehicle arm Ola Electric and the cab-hailing and fleet management division belong to Ola Fleet Technologies. The company’s financial services arm Ola Financial Services provides micro-insurance and online payment products, while Ola Food brand runs dark kitchens, that cater to online food delivery orders only, reported sources.

Source Credit https://www.livemint.com/companies/start-ups/ola-to-set-up-tech-development-unit-in-san-francisco-1560432322574.html

About Author

Sunil Hebbalkar

Sunil Hebbalkar

Sunil Hebbalkar currently works as a content writer for fractovia.org and other portals. A post graduate in mechanical design engineering, he nurtures a passion for writing articles related to myriad industry verticals such as the technology, automotive, and healthcare sectors. When free, Sunil pursues his interest in cycling, reading, and sketching. He can be contacted at- [email protected] | https://twitter.com/HSuniel

Related News

L&T Infotech to acquire Lymbyc in its fifth acquisition since IPO

Published Date: 2019-07-19         Author: Sunil Hebbalkar

The Lymbyc acquisition is expected to cost L&T INR38 crore, the deal is anticipated to close in 4-6 weeks. Across its five recent acquisitions, L&T has committed more than $50 million till date. L&T Infotech Ltd., (LTI), a renowned Mumbai-based global IT solutions and services ... Read More

EPICTOUCH completes acquisition of Louisiana-based CP-TEL Holdings

Published Date: 2019-07-17         Author: Sunil Hebbalkar

The CP-TEL acquisition makes EPICTOUCH the leading broadband service provider in Northwest Louisiana. Along with CP-TEL Holdings, EPICTOUCH has also acquired its subsidiaries. EPICTOUCH, a leading rural broadband service provider in SW Kansas, has reportedly announced that it has completed... Read More

Marken expands clinical network with three European logistics firms

Published Date: 2019-07-16         Author: Sunil Hebbalkar

Marken, the clinical supply chain subsidiary of UPS recently announced to have acquired 3 European logistics firms; HRTL based in Italy, Der Kurier & HETO in Hungary and Austria. In collaboration, the group operates with offices in Milan, Vienna, Milan, Gyor (near Budapest) and&nb... Read More

© 2019 Fractovia. All Rights Reserved