Ola Acquires Geotagg For An Undisclosed Amount

Ola has acquired trip planning applications company, Geotagg for an undisclosed amount.

The acquisition has been made so as to help Ola in launching its intra-city bus service for which the company is investing close to Rs. 150 crore.

The company is piloting its bus service in Delhi.

Geotagg is a mobile application which helps users with real time data about traffic. Post-acquisition, the technology will be integrated which will help Ola enhance its bus service. [source]

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