Success Story Behind Bhavish Agarwal's Ola Cabs

Success Story Behind Bhavish Agarwal's Ola Cabs

While most of us aspire to possess swanky cars with hip chauffeurs, have a look at this Indian businessman who charmed millions of people by creating the finest online "Book A Ride" service. People no longer had to endure crowded buses or rickshaws thanks to the brains behind one such "e-commerce" enterprise.

Bhavish Agarwal is an Indian entrepreneur and co-founder of "Ola Cabs," was born on August 28, 1985, in Ludhiana, Punjab. He later earned a bachelor's degree in Computer Science and Engineering from IIT Bombay in 2008. He presently resides in Bangalore. In addition to working nonstop, he likes squash, cycling, and running a photography blog, which demonstrates how much he values photography. His favorite book is "Steve Jobs: A Biography."

Bhavish Agarwal, a computer-skilled blogger at Desitech, created his own blog. 2008 to 2009. Desitech, In is dedicated to covering Indian start-ups, events, and other tech-geek-related topics. While he was already climbing the success ladder, he launched his career with a bang by accepting a position as a research intern with the high remediation firm "Microsoft Research" and afterward getting reinstated as an assistant researcher for two years from 2008 to 2010. He simultaneously filed for two patents and had three articles published in internal publications. In 2010, Bhavish rebranded his prior business and quit his job to create the online rental taxi service empire known as "OLA CABS."

Bhavish went through a difficult time when his business was first starting out; he once answered customer calls and transported a client to the airport.

Success Story Behind Bhavish Agarwal's Ola Cabs

We don't need to introduce Ola. Ola, the first Indian cab aggregator business, has made using cab services simple. Ola, formerly known as OlaCabs and currently owned by ANI Technologies Pvt. Ltd., was established in December 2010 by two IIT Bombay alumni. Since it was one of the first cab firms in India, Ola has done a great job of bridging the gap between commuters and cab owners! Co-founder of Ola Cabs and Ola Electric and an entrepreneur from India named Bhavish Aggarwal. Aggarwal was listed among Time magazine's 2018 list of the 100 Most Influential People.

Story of Ola founder Bhavish Aggarwal

The creator of Ola, Bhavish Aggarwal, graduated with a B.Tech. in computer science from IIT Bombay in 2008. Bhavish, the proprietor of Ola Cabs, worked for Microsoft Research in Bangalore for his first two years following graduation. He filed two patent applications and three research publications for publication in foreign journals while he was employed by Microsoft.

While pursuing his entrepreneurial ambition, he established an online company to promote short-term trips and excursions, which he eventually rebranded as Ola Cabs. Bhavish Aggarwal is the co-founder and CEO of Ola. The owner of OLA, Bhavish Aggarwal, was born on August 28, 1985, and according to statistics from 2019, his personal net worth was estimated to be over $350 million. By September 2021, Bhavish's fortune had increased to Rs 7500 crore ($958.43 million).

His inclusion on the list of the 40 richest persons in India, which is headed by Divyank Turakhia and included Sachin and Binny Bansal, Neha Narkhede, Nakul Aggarwal, and Ritesh Arora and has a net worth of Rs 12,500, was made possible by this.

Ola's CEO, Bhavish Aggarwal, is allegedly aiming to concentrate more on the business's upcoming and new projects while moving away from the day-to-day operations of Ola's core operations. Arun GR, who joined Ola in 2021 from Vedanta Resources and previously held the positions of Chief Financial Officer (CFO) of Ola Electric and Ola Financial Services, will be in charge of the business's everyday operations, according to an internal organizational letter.

Bhavish claims that he would keep heading up Ola's team building, product development, engineering responsibilities, two-wheeler, and car projects, quick commerce verticals, global growth, and other activities.

Bhavish Aggarwal's net worth

Aggarwal has a net worth of 11700 crores as of 2022. His company, Ola, is worth $6.5 billion. He is a young man and one of India's newest billionaires. He loves an opulent way of life with all the amenities that come with excessive wealth. He has multiple expensive cars, including a Mercedes S600, a Bugatti Veyron, and a Rolls Royce Phantom.

Ankit Bhati - co-founder of ola

Ankit Bhati is a co-founder and the Chief Technology Officer (CTO) of Ola Cabs. He and Bhavish Aggarwal co-founded Ola in 2010. Additionally, he helped create ANI Technologies. There have been speculations that Ankit Bhati and Bhavish Aggarwal, the firm's founder, had serious differences that led to their split from the ridesharing company last year. However, his contribution to the company extends much beyond these assumptions.

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