Name : Shreyas Liladhar Lokhande Roll No : 41
Class : TYCM-Mac Subject : EDE
Assignment 1
Submit the profile summary of a successful entrepreneur including
milestone Achievements
Bhavish Agrawal
Bhavish Aggarwal, born on August 28,
1985, in Ludhiana, Punjab, is a visionary
Indian entrepreneur best known as the co-
founder of Ola Cabs and Ola Electric. After
earning a B.Tech in Computer Science and
Engineering from IIT Bombay in 2008, he
began his career at Microsoft, where he
filed two patents and published research in
international journals. However, his
entrepreneurial journey began in 2010 when
he co-founded Ola with his college friend Ankit Bhati, initially as a small
travel-planning service called Olatrip.com. Inspired by the need for better
mobility solutions, Aggarwal transformed the company into one of India’s
largest ride-hailing platforms, revolutionizing urban transportation across the
country.
Career
Bhavish Aggarwal began his professional career in 2008 as a Research Intern at
Research, shortly after completing his B.Tech in Computer Science and
Engineering from the Indian Institute of Technology (IIT) Bombay. During his
two-year stint at Microsoft, he distinguished himself by filing two patents and
publishing three research papers in international journals, showcasing his aptitude
for innovation and problem-solving.
In 2010, Aggarwal co-founded Ola Cabs with his IIT batchmate Ankit Bhati after
a frustrating personal experience with car rentals. Initially launched as a travel
service platform, Olatrip.com, the company soon pivoted to a cab aggregation
model.Under his leadership, the company emerged as a dominant force in the EV
sector, particularly in electric scooters. By 2024, Ola Electric had gone public,
raising $655 million in its IPO, further cementing Aggarwal’s status as a pioneer
in India’s mobility and technology landscape
Early life And education
Bhavish Aggarwal was born on August 28, 1985, in Ludhiana, Punjab, India, into
a middle-class family. He completed his early education at Sacred Heart Convent
School in Ludhiana, where he developed a strong interest in academics and
technology. Later, he pursued a B.Tech in Computer Science and Engineering at
the Indian Institute of Technology (IIT) Bombay, graduating in 2008. His time at
IIT Bombay honed his technical and problem-solving skills, setting the stage for
his entrepreneurial journey.
Milestone
• 2008: Completed B.Tech in Computer Science and Engineering from IIT
Bombay and joined Microsoft as a Research Intern, filing two patents and
publishing three research papers.
• 2010: Co-founded Ola Cabs with Ankit Bhati, initially launched as
Olatrip.com, a travel-planning platform that later pivoted to a ride-hailing
service.
• 2014: Secured $210 million in funding from SoftBank, marking Ola's
emergence as a major player in India’s ride-hailing market.
• 2015: Expanded Ola's operations to over 100 Indian cities, becoming the
largest cab aggregator in the country.
• 2017: Launched Ola Play, an in-cab entertainment platform, and entered
international markets like Australia and the UK.
• 2021: Founded Ola Electric, focusing on electric vehicles, and launched the
Ola S1 electric scooter, which became a market leader.
• 2024: Ola Electric went public, raising $655 million in its IPO, with a
valuation of approximately $4 billion.
• Ongoing: Continues to lead both Ola and Ola Electric, driving innovation and
expanding India’s mobility and EV ecosystem.
Awards and accolades
• Forbes 30 Under 30 Asia (2016): Featured in the prestigious list under the
Consumer Technology category for revolutionizing India’s mobility landscape.
• ET Entrepreneur of the Year (2017): Recognized by The Economic Times
for his outstanding leadership and contribution to the Indian startup ecosystem.
• Fortune 40 Under 40 (2018): Included in Fortune magazine’s list of
influential young leaders for his achievements with Ola.
• Businessworld Young Entrepreneur Award (2018): Honored for his
innovation and impact on India’s transportation industry.
• Time 100 Next (2021): Featured in Time magazine's list of emerging leaders
who are shaping the future, for his efforts in promoting sustainable mobility
through Ola Electric.
• Economic Times Most Promising Business Leaders of Asia (2022):
Acknowledged for his role in transforming Ola into a global mobility giant and
advancing India’s EV sector.
• Startup Leader of the Year (2023): Awarded at the India Startup Awards for
his contributions to the growth of India’s startup ecosystem and leadership in
the EV revolution.
Conclusion :
We submit the profile summary of a successful entrepreneur including milestone
achievement
