Ola Acquires Geo-Spoc

Riding hailing company Ola has acquired geospatial services provider Geo-Spoc. Bhavish Aggarwal, cofounder of Ola, said in a blog post on Tuesday that GeoSpoc’s team of scientists and engineers, including CEO Dhruva Rajan, “will be joining Ola to develop technologies which will make mobility universally accessible, sustainable, personalised, and convenient, across shared and personal vehicles.”

He did not disclose the size of the acquisition. Aggarwal said accurate and rich maps with high user context should be available to the population beyond the first 100 million users. “Multi-modal transportation options will need geospatial intelligence to understand the unique benefits of each option and provide suggestions accordingly,” he said.

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