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Ola Buys GeoSpoc To Develop Next-Generation Location Technology

Ride-hailing aggregator Ola on Tuesday announced that it has acquired GeoSpoc with an aim to develop next-generation location technology. In a tweet, Ola Founder and Chief Executive Officer Bhavish Aggarwal wrote: "New Mobility will require better, newer maps and geospatial services. We're taking the first step to building these by acquiring GeoSpoc."