Bhavish Aggarwal is an Indian entrepreneur and the co-founder and CEO of Ola, one of India’s largest ride-hailing companies. His visionary leadership and innovative business strategies have transformed the way people commute in India, making it more affordable, convenient, and eco-friendly. Here’s a closer look at the life, career, and achievements of this remarkable business leader.
Early Life and Education:
Bhavish Aggarwal was born in Ludhiana, Punjab, India, in 1985. He grew up in a middle-class family and completed his schooling from the prestigious St. Xavier’s School in Chandigarh. He then pursued a degree in computer science engineering from the Indian Institute of Technology (IIT) Bombay, one of the most reputed engineering colleges in India.
After completing his degree in 2008, Bhavish Aggarwal started his career with Microsoft Research India, where he worked for two years as a research intern. However, he soon realized that his true calling was entrepreneurship and decided to pursue his dream of starting his own venture.
The Birth of Ola:
In 2010, Bhavish Aggarwal, along with his friend Ankit Bhati, founded Ola (originally called OlaCabs), with the aim of creating a more efficient and affordable transportation system in India. The company started as an online taxi aggregator, connecting passengers with local cab drivers through a mobile app. Within a few years, Ola became one of the fastest-growing ride-hailing companies in India, offering a range of services, including economy, luxury, and outstation rides.
Innovation and Expansion:
Under Bhavish Aggarwal’s leadership, Ola continued to innovate and expand its services, offering features such as in-cab entertainment, bike taxis, and electric vehicles. The company also expanded its operations beyond India, launching services in countries like Australia, New Zealand, and the United Kingdom.
In 2018, Ola acquired Foodpanda, a leading food delivery platform in India, to diversify its business and enter the hyper-competitive food delivery market. In the same year, the company also launched Ola Electric, a subsidiary dedicated to the development and manufacturing of electric vehicles.
Awards and Recognition:
Bhavish Aggarwal’s contribution to the Indian transportation industry has been widely recognized, and he has received numerous awards and accolades for his work. In 2018, he was named among the 100 most influential people in the world by Time magazine. He has also been honored with awards such as the Entrepreneur of the Year at the Economic Times Awards for Corporate Excellence and the Business Standard Award for the Most Innovative Company.
Bhavish Aggarwal’s journey from a computer science engineer to a successful entrepreneur and CEO of Ola is truly inspiring. His innovative ideas and strategic thinking have not only revolutionized the Indian transportation industry but also created new job opportunities and boosted economic growth. As India continues to grow and urbanize, Bhavish Aggarwal’s vision for a sustainable and inclusive transportation system is more relevant.