The Duo Behind OLA: Bhavish Aggarwal and Ankit Bhati

By | August 8, 2018
Ola Cabs

OLA cabs: Indian Startup Sucess Story

Ola CabsOla Cabs

In Spanish, Hola translates to ‘Hello’ hence the name Ola probably to indicate that their services are as easy and friendly as that, just like saying a ‘hello’. OLA, one of the world’s largest ride-sharing companies. Founded in 2011 by Bhavish Aggarwal and Ankit Bhati, through a mobile technology platform ensuring convenient, transparent, and quick service fulfillment. December 2010, Bhavish Aggarwal was joined by his co-founder Ankit Bhati in his start-up journey. His parents didn’t agree with his idea they were thoroughly displeased with his decision to become a ‘travel agent’. Bhavish believed that anyone can have a good business idea according to him, the best or one of the best & safest model one can or should adopt is running a business with owning “zero” inventory.

Before Ola cabs, Bhavish worked with Microsoft Research for two years, Bhavish started Ola in 2010 with Ankit Bhati, a fellow alumnus from the Indian Institute of Technology in Mumbai with the mission of building mobility for a billion people. Ankit leads product, engineering, and data sciences, ensuring a strong back-end system and in a short span of time, he has played a lead role in pioneering technologies such as mapping innovations, the world’s first connected car platform – Ola Play, and offline bookings that made Ola accessible for a large segment of the population. Ola Play also allows its partners like Microsoft, Apple Music, Sony Liv amongst others, to build a high quality interactive and productive experience for its users. Using the Ola mobile app, users across 110+ cities can connect with over 1,000,000 driver-partners across cabs, auto-rickshaws, and taxis.

Ola Cabs

Ola cabs a‘Taxi’ revolution for India, from 9,00,000 vehicles serving millions of customers every day along with a million empowered entrepreneurs as driver-partners on the platform. Bhavish Aggarwal and Ankit Bhati the two IITians built a $1 billion company in 3 years. Ola has become India’s largest ride-hailing app with about 60% market share in India.

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