B havish Aggarwal is an Indian internet entrepreneur and the co-founder and CEO of Ola, one of India's largest ride-hailing companies. After a brief stint at Microsoft Research, Aggarwal and his co-founder Ankit Bhati launched Ola Cabs in 2010. Their goal was to solve the problem of unreliable and inefficient transportation in India by creating a technology platform to connect passengers with drivers.
Under Aggarwal's leadership, Ola grew rapidly, expanding its services across India and into international markets like Australia, New Zealand, and the UK, becoming a major competitor to Uber. In recent years, Aggarwal has embarked on an even more ambitious venture with Ola Electric. He is making a massive bet on the future of electric mobility, building one of the world's largest electric scooter factories in India with the aim of electrifying the country's vast two-wheeler market. This bold pivot has positioned him at the forefront of India's green technology revolution.
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Born in Ludhiana, Punjab, in 1985, Bhavish Aggarwal is a self-made Indian entrepreneur, the co-founder of Ola Cabs, and the visionary behind Ola Electric. His upbringing was rooted in a middle-class family that valued education (his father was a doctor, his mother a homemaker), instilling in him a keen interest in technology and problem-solving. He attended the prestigious Indian Institute of Technology (IIT) Bombay, graduating in 2008 with a Bachelor of Technology degree in Computer Science and Engineering.
After graduating, he worked briefly as a research intern at Microsoft Research India, contributing to patents and publications related to web search and data mining. Despite a promising corporate career, Aggarwal harbored entrepreneurial ambitions. The genesis of his massive idea was rooted in a personal experience: he was frustrated by the poor service and exorbitant fare charged by a taxi driver during a trip from Bangalore to Bandipur. This negative experience became the catalyst for disrupting India’s entire urban mobility landscape.
Bhavish Aggarwal co-founded Ola Cabs with Ankit Bhati (also an IIT Bombay graduate) in December 2010 from a small rented office in Mumbai. The company started as an online cab booking service that connected customers with local taxi drivers through a mobile app—a revolutionary model for India at the time. Ola Cabs quickly scaled to dominate the Indian ride-hailing market, becoming one of the largest mobility brands in the country.
Aggarwal's defining strategic pivot came with Ola Electric. Recognizing that the future of urban mobility required a clean energy solution, he pursued a massive, multi-billion dollar ambition: fundamentally altering the way India moves its citizens with electric vehicles (EVs). This vision went beyond just making scooters; it was about creating an integrated EV ecosystem—battery technology, hypercharging networks, and lithium-ion cells, all designed and manufactured in India. This shift positioned Aggarwal as a visionary industrialist, leading India’s EV revolution and securing his multi-billion dollar fortune.
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Bhavish Aggarwal’s wealth is concentrated in his founding equity in the ride-hailing giant Ola Cabs and the high-growth Ola Electric business.
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Bhavish Aggarwal’s social impact is structural and environmental. The success of Ola Cabs transformed urban transport, providing millions of customers with reliable, affordable mobility and creating massive employment opportunities for drivers.
His pivot to Ola Electric is a huge commitment to environmental sustainability, aiming to reduce air pollution in India’s major cities by replacing internal combustion engine vehicles with EVs. His commitment to making battery technology and EV components in India is a major structural contribution to the national economy and technological self-reliance, ensuring high-value manufacturing jobs stay within the country.
Bhavish Aggarwal maintains the functional, high-energy style of a modern Indian tech founder. His attire is consistently casual and simple, favoring comfortable shirts, often with the Ola logo, and trousers. His aesthetic is anti-corporate and focused on execution, reflecting the intense pace of the Indian startup ecosystem.
Residing in Bangalore, his luxury is the security of his multi-billion dollar fortune, which affords him the ability to command immense industrial and technological resources. His life is defined by a relentless mission to solve India’s largest infrastructural problems, from mobility to clean energy, a true industrial visionary of the digital age.
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“The experience I had with that cab driver was frustrating, but it showed me the huge gap in the market.”
“We believe India deserves a world-class electric vehicle ecosystem built right here at home.”
“The future of urban mobility is electric and integrated.”
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-2.54% | -$38.91M
-0.34% | -$5.43M
This profile is compiled from verified biographical and financial records:
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