Fri. Oct 4th, 2024

The ride-hailing taxi aggregator Ola has announced a major change in its business model, totally switching from Google Maps to Ola Maps, its internal mapping service, on July 5. This action follows the company’s recent withdrawal from the Azure platform offered by Microsoft.

In his post, Bhavish shared “After Azure exit last month, we’ve now fully exited google maps. We used to spend ₹100 cr a year but we’ve made that 0 this month by moving completely to our in house Ola maps! Check your Ola app and update if needed.”

He said that new features like street view, NERFs, indoor images, 3D maps, drone maps, etc will added to the app later. His recent venture, Krutim AI became an unicorn company after being valued at $ 1 billion. It is India’s first AI company to become an unicorn.

Bhavish was born and raised in Ludhiana and completed his B.Tech degree in Computer Science and Engineering from IIT Bombay in 2008. He later worked at Microsoft for 2 years, before leaving the job and founded Ola Cabs with Ankit Bhati in Bengaluru.

By Harshita Sharma

I bring to you updates from business, policy and economy spectrum.

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