Bhavish Aggarwal Biography – CEO Of Ola Cabs Net Worth

Bhavish Aggarwal Biography

Bhavish Aggarwal is an Indian entrepreneur known for starting several successful companies. He co-founded Ola, a popular ride-hailing service, and is its CEO. He also founded Ola Electric, a company focused on electric vehicles.

In 2024, Bhavish launched OlaKrutrim, an artificial intelligence company, which became India’s first AI company to reach a $1 billion valuation, making it a unicorn.

About Bhavish Aggarwal Biography 

Bhavish Aggarwal was born on August 28, 1985, in Ludhiana, Punjab. He is 39 years old in 2024. He was born to Indian parents and his father’s name is Naresh Kumar Aggarwal and his mother’s name is Usha Aggarwal.

According to the reports, he is married now and his wife’s name is Rajalakshmi Aggarwal. He has two children.

Bhavish Aggarwal With Mother And Wife
Image Source: Instagram

He studied computer engineering and graduated from the Indian Institute of Technology (IIT) Bombay in 2008. After finishing college, he started working at Microsoft Research India, first as an intern and then as an assistant researcher.

According to the reports, his current net worth is approximately $2.3 Billion from all of his income sources.

Attribute Details
Full Name Bhavish Aggarwal
New Name Bhavish
Profession Indian Entrepreneur & Ola Cabs CEO
Date of Birth 28 August 1985
Age (as of 2024) 39 Years Old
 

Family

Father: Naresh Kumar Aggarwal
Mother: Usha Aggarwal
Siblings: Update Soon
Marital Status Married
Wife Name Rajalakshmi Aggarwal
Children A Son & A Daughter
Religion Hindu
Educational Qualification Graduate
School High School
College Indian Institute of Technology (IIT) Bombay
Hobbies Travelling & Reading Books
Birth Place Ludhiana, Punjab, India
Hometown Ludhiana, Punjab, India
Current City Punjab, India
Nationality Indian
Net Worth $ 2.3 Billion Approximately
Social Media

Career Journey Of Ola Cabs CEO Bhavish Aggarwal

Bhavish Aggarwal started his career at Microsoft, where he worked for two years. During that time, he filed two patents and published three research papers in international journals. In January 2011, he co-founded Ola Cabs with his partner Ankit Bhati in Bengaluru.

Bhavish got the idea for starting a cab company after having a bad experience with a taxi ride. This inspired him and Ankit Bhati to launch Ola Cabs in 2010.

In May 2020, due to the economic impact of COVID-19, Ola Cabs had to lay off around 5,000 employees to keep the company running.

In August 2024, Ola Cabs changed its name to Ola Consumer to expand its services beyond just ride-hailing.

Bhavish publicly supported N. R. Narayana Murthy’s idea of working 70 hours a week and criticized the focus on work-life balance.

However, some doctors warned that working such long hours could lead to serious health problems, including a higher risk of early death, and argued that such long hours mainly benefit company CEOs.

In 2017, Bhavish Aggarwal was recognized as the “Richest of the Year” at the ET Awards. In 2018, he was named one of Time magazine’s 100 Most Influential People. With a net worth of $2.3 billion, he is also one of the youngest self-made billionaires in the world.

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