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Ola partners MapmyIndia for better navigation

  • Taxi aggregator Ola has
    announced its partnership with MapmyIndia by acquiring a multi-year licence,
    the
    Press Trust of India reported.
  •  
  • “Through this
    partnership, Ola will get complete access to mapping data from MapmyIndia,

    • Taxi aggregator Ola has
      announced its partnership with MapmyIndia by acquiring a multi-year licence,
      the
      Press Trust of India reported.
    •  
    • “Through this
      partnership, Ola will get complete access to mapping data from MapmyIndia,
      which has the IP ownership for the most comprehensive, accurate and updated
      digital map data for the country,” Ola co-founder and CTO Ankit Bhati said
      in a statement.
    •  
    • This
      “first-of-its-kind” partnership in the country would also enable
      consistent map updates from MapmyIndia to Ola, making the data rich and
      relevant, he said.
    •  
    • Geo-information was
      at the core of Ola’s mobility business and the company had invested
      considerably in this area since inception, Bhati said.
    •  
    • Ola also plans to
      build smarter routing algorithms that will result in improved efficiency for
      driver-partners and significantly lower ETAs for customers, Ola executive
      director and chief business officer Shivalik Prasad said.
    •  
    • Earlier this week,
      Ola said it had raised $500 million Series F funding from Baillie Gifford, China’s
      Didi Kuaidi and existing investors, including Falcon Edge Capital, Tiger Global,
      SoftBank Group and DST Global, the
      PTI
      report said.

     

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