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Ola And Microsoft To Launch Connected Vehicle Platform

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Ola And Microsoft Launch Connected Vehicle Platform,Startup Stories,Ola Teams Up With Microsoft,New Connected Vehicle Platform,Ola founder Bhavish Aggarwal,Microsoft CEO Satya Nadella,Microsoft Azure to power Ola Play,India Today Conclave Next 2017

Ola, India’s cab aggregator, is going to partner with global technology giant Microsoft to build and launch a new connected vehicle platform. Ola will leverage Microsoft’s cloud, artificial intelligence and productivity tools to enhance rider experience as well as for predictive maintenance of the cars.

Ola founder Bhavish Aggarwal announced the partnership on their website, stating the global auto industry today is experiencing a shift. He added both the companies will further collaborate to help car manufacturers integrate the platform with vehicle systems. Speaking about the collaboration, Microsoft’s CEO Satya Nadella said,“Together with Ola, we’re focused on providing more intelligent, connected and productive experiences to our customers.” Nadella is currently in India to promote his autobiography Hit Refresh.

Ola will use Microsoft’s Azure to power Ola Play and extend the services to help transform the driver and passenger experience. The technology will also help Ola improve their vehicle diagnostics, increase in car productivity, advance navigation and help predict the maintenance of vehicles.

Aggarwal and Nadella were part of the India Today Conclave Next 2017. Outlining the broad contours of the alliance, Aggarwal said, “The two companies working together can accelerate the future of mobility, especially in India and beyond.” The new platform will harness the power of new technologies like artificial intelligence (AI) and Internet of Things (IoT.) “With Ola Play, we have already set the tone for connected vehicles in India and together with Microsoft, we can make the new platform available to a larger, global audience and unlock futuristic experiences for customers worldwide,” Aggarwal further added.

Along with enhancing the safety and security features and driver assistance services, the platform will be designed to continuously collect, analyze and learn from high volumes of data and user behavior. Ola Play users will also have access to use Office 365 and Skype for Business in the cars during their rides.

Nadella spoke about digital technology and its application on the Indian landscape at the India Today Conclave. The chief executive officer of Microsoft also emphasized the importance Microsoft is giving to Artificial Intelligence, Mixed Reality and other services that look to help businesses and consumers in the country.

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Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

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Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

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