Down The RoadBhavish 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

通过Entrepreneur India

Opinions expressed by Entrepreneur contributors are their own.

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

Entrepreneur India

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, clickhere)

Wavy Line

Related Topics

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

After working myself to the bone pitching 300 people each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.

News and Trends

Google Invites Applications For Eighth Batch Of Startups Accelerator Programme

Applications are open until August 22, and eligible startups should have AI as a core solution or product, including generative AI

Travel

10 Best Entrepreneurial Events To Attend Before 2023 Is Over

As we head into the latter half of 2023, there's still a great chance for you to get involved in some exciting startup events.

Living

Finding Balance — How to Pursue Your Entrepreneurial Ideas While Prioritizing Your Well-Being

A question for entrepreneurs: Are we planting seeds or burying ourselves in work?

Starting a Business

10 Common Obstacles to Avoid When Starting a Business

Starting a new business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. Here are some common obstacles to avoid when starting a new business.