Bhavish Aggarwal: Driving Innovation and Transforming Transportation

India witnessed a drastic change within a very short period recently. You can now order groceries from the internet, food that reaches your doorstep, and also reach the farthest corner of your city without pressing a gas pedal. 

OLA Cabs now Ola Consumer, co-founded by Bhavish Aggarwal has helped a number of its clients solve a major issue of standing in queue, sometimes for hours, or getting ignored by Autowalas in India. Moreover, it has made travel safe for women at any hour of the day. 

The photography enthusiast had a big dream, to serve Indians with a secure and reliable cab service. All that became possible with the efforts he made at a young age. Aggarwal is also the co-founder and CEO of OLA and the sole founder of OLA Electric. 

The successful cab service was first experimented with on the streets of Delhi. Bhavish Aggarwal founded OLA along with Ankit Bhati and the rest is history. 

Let's know Bhavish Aggarwal and his education, personal life, awards, some unknown facts, and more through this article.

Bhavish Aggarwal - Biography

Bhavish Aggarwal - Early Life
Bhavish Aggarwal - Career
Bhavish Aggarwal - Personal Life | Family
Bhavish Aggarwal - OLA Consumer
Bhavish Aggarwal - Journey So Far!
Bhavish Aggarwal - Investments
Bhavish Aggarwal - Controversy
Bhavish Aggarwal - Awards
Bhavish Aggarwal - Unknown Facts
Bhavish Aggarwal - Top Quotes

Bhavish Aggarwal - Early Life

Bhavish Aggarwal often confused with a Marwadi is a Punjabi, who was born and brought up in Ludhiana. He is part of a loving family who supported his childhood just as every family does. Aggarwal completed his UG in 2008 from the Indian Institute of Technology, Bombay in computer science and engineering.  

During the early days of his career, Aggarwal worked for Microsoft which turned out to be two of his glorious years. 

Bhavish Aggarwal - Career

The mind behind OLA's success was a research intern at Microsoft in the year 2007. Then a year later, Aggarwal was absorbed by the company to be the Assistant Researcher. In this position, he spent more than two years at Microsoft. 

At Microsoft, Bhavish Aggarwal filed two patents and published three papers in international journals, however, he left Microsoft in July 2010. Not so further shortly, in September of the same year, Bhavish came up with the planning of OLA. By January 2011 he along with Ankit Bhati founded OLA Cabs now OLA Consumer.

Bhavish Aggarwal - Personal Life | Family

Bhavish isn't the only child of his parents. His father Naresh Aggarwal is an orthopedic surgeon, and his mother Usha Aggarwal is a pathologist. They have another son Ankush Aggarwal. Ankush is the founder of Avail Finance an online money lending platform for which Bhavish has been an angel investor. 

Bhavish Aggarwal married his girlfriend Rajalakshmi in 2014. The Tamil-origin girlfriend and Bhavish first met in Bangalore in the year 2007 and have been dating for nearly 6 years. There is no information about the couple having any kids as of yet.  

Bhavish Aggarwal - OLA Consumer

Every ease today we feel is possible because of a horrible event that pushed Aggarwal to establish OLA. 

While traveling from Bangalore to Bandipur in a car, the driver stopped and started negotiating the previously fixed deal and travel fare with Aggarwal. Worried and annoyed, the founder of OLA Electric was stranded in the middle of nowhere. And that is how he came up with the inspiration behind the magnificent works of OLA. 

Following the event, in 2010, Bhavish established Olatrip.com. This was known as a trip-planning company at first. A year later, looking at the growing demand for cab services Aggarwal and Ankit Bhati launched Olacabs now OLA Consumer. This time it was a taxi aggregation platform. 

In the initial years, the cab booking firm had its users booking cabs via phone calls. Soon, in June 2012, Olacabs launched a mobile app. And by 2015, OLA had the biggest market share. 

Today OLA has its range of Electric Vehicles, which was again founded by Bhavish Aggarwal, a man with big dreams.  

Bhavish Aggarwal - Journey So Far!

Bhavish had to face several hurdles while introducing OLA to the Indian audience. Not just once, but every time he came up with something new or aimed for a new market, there had been struggles. 

In the initial years, local big shots such as The Radio Traffic Services and FastTrack were tough to compete with OLA, but that didn’t stop Bhavish from aiming higher. These obstacles encouraged Aggarwal to think differently and come up with something odd yet problem-solving. This is when OLA started hiring drivers who had an All India Permit, and launched its inter-city travel feature. 

Similarly, Bhavish kept on introducing newer features in OLA such as OLA Mini, and OLA Auto, which went on to win awards. 

Next is his venture, Krutrim AI which recently raised $50 million at a valuation of $1 billion. With this raise, Krutrim AI became India's first-ever startup unicorn of 2024. Not just that but Krutrim AI is also the first homegrown artificial intelligence firm.  

Krutrim: India’s First AI Unicorn Hits Billion-Dollar Milestone

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Bhavish Aggarwal - Investments

With being an angel investor in his brother's firm Avail Finance, Bhavish has even invested in several other firms over the years. 

Bhavish Aggarwal - Controversy

• OLA Cabs has most of its time been into controversy, sometimes due to the protests by Auto Walas or due to strikes by its drivers over less percentage of share. However, in 2022 it was reported that Aggarwal presented ruthless behavior that had upset the employees as well as board members. In this report, several OLA employees stated that inside OLA Electric, the culture has turned hostile.
• Earlier in October 2024, Ola CEO Bhavish Aggarwal hit back on X at Kunal Kamra for criticizing how Ola scooters were kept outside a dealership. Aggarwal sarcastically offered to pay Kamra to help with the company’s issues, or told him to “shut up” and let Ola handle real customer problems. This sparked a series of posts, with their feud escalating and drawing attention from netizens, who watched and commented as it got more intense.
  Comedian Kunal Kamra criticized Ola Electric again, calling it a "public issue" on October 21. He listed three reasons: the company is fooling the public, subsidized by public money, and is publicly listed.
  The debate heated up when Kamra mocked Ola for allegedly hiring bouncers at its service centers, after user R.J. Kashyap posted about it. Kamra sarcastically called this situation "unique."
  Ola CEO Bhavish Aggarwal responded aggressively, leading to backlash from netizens, who called him rude, arrogant, and ignorant in his replies. Many supported Kamra in the ongoing exchange.

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Bhavish Aggarwal - Awards

• Bhavish Aggarwal along with his company OLA received South Asia’s mBillionth award in 2013
• In the same year, he and his company won Best Startup of The Year, which was presented by IAMAI
• In 2017, he was bestowed with the ET Awards: Best and the Brightest by The Economic Times

Bhavish Aggarwal - Unknown Facts

Bhavish Aggarwal is regarded as the youngest and the wealthiest entrepreneur in India, but with all of that, he even has a few more sweet little passions. 

Underneath the tight corporate suit, he likes to ride his bicycle and play squash. He is also into photography and is known to maintain a popular photoblog. 

Bhavish Aggarwal - Top Quotes

FAQs

Who is Bhavish Aggarwal?

39 years old, Bhavish Aggarwal is the CEO and co-founder of OLA Consumer. 

Who are Bhavish Aggarwal Parents?

The parents of Bhavish Aggarwal are Naresh and Usha Aggarwal.

What is Bhavish Aggarwal education?

Bhavish Aggarwal completed his B.Tech in 2008 from the Indian Institute of Technology, Bombay in computer science and engineering.  

What is Bhavish Aggarwal age?

Bhavish Aggarwal was born on 28th August 1985. He is 39 years old.

Who is Bhavish Aggarwal married to?

Bhavish Aggarwal is married to Rajalakshmi Aggarwal.

Who are Bhavish Aggarwal children?

As per the reports, Bhavish Aggarwal has 2 kids, a son and a daughter.

Does Bhavish Aggarwal own another firm?

Yes, Bhavish Aggarwal has also founded OLA Electric. 

What is OLA about?

OLA is India's largest mobility platform and one of the world's largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK.