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]