Biography of Bhavish Aggarwal
Bhavish Aggarwal is a prominent Indian entrepreneur, co-founder, and CEO of Ola Cabs, one of India’s largest ride-hailing companies. His vision and leadership have disrupted India’s transportation industry and established Ola as a global player in the mobility space.
Early Life and Education
Bhavish Aggarwal was born on August 28, 1985, in Ludhiana, Punjab, India. As of now, his age is 39 years. He exhibited an exceptional aptitude for academics from an early age. Bhavish secured a remarkable rank of 23rd in the IIT JEE examination, earning him a spot at the prestigious Indian Institute of Technology (IIT) Bombay, where he pursued a Computer Science and Engineering degree. His education laid the foundation for his technical expertise and entrepreneurial pursuits.
Career Beginnings
Before founding Ola, Bhavish worked with Microsoft Research India, where he published multiple research papers and filed patents. However, his entrepreneurial spirit led him to leave the corporate world and venture into solving India’s transportation challenges.
Founding Ola Cabs
In 2010, along with co-founder Ankit Bhati, Bhavish Aggarwal launched Ola Cabs in Mumbai. The idea stemmed from his own unpleasant experience with car rentals, which inspired him to create a platform offering convenient, affordable, and reliable ride services. Under his leadership, Ola expanded rapidly, offering services in over 250 cities in India and across international markets. Today, Ola includes a diversified portfolio, ranging from cabs, electric vehicles, and auto-rickshaws to food delivery and financial services.
Personal Life
Bhavish Aggarwal and his wife Rajalakshmi have two children, a boy, and a girl. The family lives in Mumbai.
Bhavish and Rajalakshmi met in 2007 and married in 2014 after dating for almost seven years. Rajalakshmi is a doctor from Tamil Nadu. Despite his busy schedule, Bhavish balances his personal and professional commitments.
Net Worth and Assets
As of October 2024, Bhavish Aggarwal’s net worth is estimated at INR 19.34 thousand crore, or USD 2.3 billion. However, his net worth could increase significantly as he expands into electric mobility. This immense wealth positions him among the wealthiest entrepreneurs in India. Bhavish has invested in various assets, including a luxurious house in Bangalore, which reflects his refined taste and success. His investments and leadership in the electric mobility sector further contribute to his growing wealth.
Social Media Presence
Bhavish Aggarwal is active on social media, especially on Twitter, where he shares updates about Ola, technology, and his views on business and innovation. His Twitter handle has become a platform for engaging with the public and addressing important industry issues. Instagram
Recognition and Legacy
Bhavish Aggarwal has received numerous accolades for his entrepreneurial achievements, including being featured in Forbes’ “30 Under 30” Asia list and Fortune’s “40 Under 40.” His vision to transition Ola towards sustainability by focusing on electric mobility is a testament to his innovative mindset and commitment to a greener future.
- Time magazine’s 100 Most Influential PeopleIn 2018, Aggarwal was included in Time magazine’s list of the 100 Most Influential People.
- Forbes India’s 30 Under 30 and Fortune India’s 40 Under 40Aggarwal has been recognized by both Forbes India and Fortune India for his leadership skills and contributions to entrepreneurship.
- mBillionth AwardIn 2013, Aggarwal was honored with the mBillionth Award for digital innovations in South Asia.
- Founder of three billion-dollar startupsAggarwal has founded three billion-dollar startups: Ola, Ola Electric, and OlaKrutrim.
- Mentor to aspiring entrepreneurs- Aggarwal is a dedicated mentor who helps shape the future of India’s startup landscape. He advocates for innovation, ethical business practices, and corporate social responsibility.
- Vision for a self-reliant IndiaAggarwal’s vision for a self-reliant nation has laid the foundation for a free and empowered India.
Conclusion
Bhavish Aggarwal’s journey from an IIT graduate to a global leader in mobility showcases his resilience, innovation, and ambition. His contributions have not only reshaped transportation in India but have also set benchmarks for aspiring entrepreneurs worldwide.
