Tech Gem

Down The Road

Bhavish Aggarwal started Ola (formerly Olacabs) in December 2010, along with Ankit Bhati, also an IIT- Bombay alumni, with a mission to build mobility for a billion Indians
Down The Road
Image credit: Entrepreneur India
1 min read
Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

An alumnus of IIT – Bombay, Bhavish Aggarwal, along with few others, forms the face of India’s emerging start-up ecosystem. Aggarwal is the CEO and CoFounder of Ola and prior to that he worked with Microsoft Research for two years, where he filed for two patents and published three papers in international journals. He started Ola (formerly Olacabs) in December 2010, along with Ankit Bhati, also an IIT- Bombay alumni, with a mission to build mobility for a billion Indians.

And from there on, the duo has led Ola to become one of India’s most valuable and respected startups in a short span of time. With over 75 per cent market share in India, Ola continues to be the most preferred transportation platform with a wide range of mobility options ranging from auto-rickshaws to business class vehicles and most recently, shuttles! Aggarwal said, ““We will continue to lead the market share. We have a clear path to profitability as we have managed to improve our market share. We should be profitable soon.”

(This article was first published in the May issue of Entrepreneur Magazine. To subscribe, click here)

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

11 Mindset Shifts You Need to Scale Past 7 Figures