Entrepreneur Bhavish Aggarwal is a Success Story

Jun/09/2022 / by Team SEEMA
Bhavish Aggarwal
Image credits: OlaPR via Flickr

Ola is an Indian multinational ride-sharing company serving over 250 countries across the U.K., Australia, India and New Zealand. Bhavish Aggarwal is the co-founder, along with Ankit Bhati, a fellow alumnus from the Indian Institute of Technology in Mumbai. Aggarwal is also the C.E.O. Ola provides ride-sharing for standard and luxury cars, bikes, auto-rickshaws, taxis and food delivery. 

Bhavish Aggarwal is one of the most famous Indian Entrepreneurs. He is well-known not only in India but across the globe. Below is a Bhavish Aggarwal biography.

Born on August 28, 1985 in Ludhiana, Punjab, India, Bhavish Aggarwal was a child of doctor parents. Raised in Ludhiana, the Indian city is the largest in the state of Punjab. Bhavish Aggarwal’s background is Punjabi Hindu, people mainly found in Punjab. Also, Bhavish Aggarwal spent some of his growing years in Afghanistan and the U.K. His Caste is Bania/Baniya, and as of 2022, Bhavish Aggarwal’s age will be 37 on his birthday in August.

Bhavish Aggarwal received his education from the Indian Institute of Technology Bombay, located in Mumbai. He received a bachelor’s degree in Computer Science and Engineering in 2008. Bhavish Aggarwal was also a researcher for Microsoft, beginning as a research intern for three months, moving on to an assistant researcher for Microsoft Research India for two years. During that time, Bhavish Aggarwal registered two patents and published three journals. 

Bhavish Aggarwal co-founded Ola on December 3, 2010, headquartered in Bengaluru, Karnataka, India, because he was dissatisfied with the available solutions and a poor taxi experience, which contributed to his dissatisfaction. Specifically, Bhavish Aggarwal rented a car with a driver on a weekend trip with friends from Bengaluru to Bandipur. The driver made a stop in Mysore and demanded more money from the group than Bhavish Aggarwal, and his group agreed. As a result, Bhavish Aggarwal and his friends had to complete the trip by bus. Since the creation of Bhavish Aggarwal Ola cabs company, Bhavish Aggarwal has faced a wide range of issues, such as Indian regulatory issues, competition from foreign companies, etc. However, Ola remains successful.

When you learn about Bhavesh Aggarwal, you realize that he has received many awards. Some of the recognition that Bhavish Aggarwal has received:

  • Forbes “30 under 30”
  • The 2013 Billionth Award South Asia 
  • Economic Times’s Entrepreneur of the Year 
  • Best Startup of the Year by IAMAI

Bhavish Aggarwal also has a blog he started in 2008 called Desitech.in. The blog focuses on Indian startups, technology, etc. In addition to being a successful entrepreneur, Bhavish Aggarwal has his hobbies. He enjoys cycling, playing squash, and he started a photography blog.

F.A.Q.

Who is Bhavish Aggarwal married to?

He started dating a Tamilian woman name Rajalakshmi in 2007. She was a marketing manager at Ernst and Young. In 2013, Bhavish Aggarwal and Rajalakshmi got engaged, and in 2014 they got married. 

There was a time when he was broke, but Rajalakshmi supported him and let him borrow her car to pick up clients. Now Bhavish is wealthy and successful but also extremely busy. His busy schedule can start at 7 a.m. and not finish until 1 a.m. at night.

To keep their marriage strong and to cope with Bhavish’s busy schedule, Rajalakshmi believes in good planning skills. She schedules date nights and quality time with their pets.

Regarding pets, animal lover Rajalakshmi hopes to open her own pet sanctuary someday. Currently, they have no children.

One fun fact about their relationship is that it took Bhavish Aggarwal three years to convince his then-girlfriend Rajalakshmi to use Ola. Persistence pays off in more ways than one! Also, his mother was not happy about his son pursuing Ola. Today, she “feels liberated” at being able to obtain a car when she needs one.

Where was he born?

As we mentioned, Bhavish was born in Ludhiana, Punjab, India. Named after the Lodi Dynasty, Ludhiana is a popular destination spot in India. Known for its hosiery goods, Ludhiana contains unique Punjabi culture with its buildings, shrines and Gurudwaras, Sikh places of assembly and worship.

What is his net worth?

Aggarwal has a net worth of $500 million as of 2022. His company Ola is worth $6.5 billion. He is one of the youngest billionaires in India. He lives a luxurious life, including all the material possessions that come with extreme wealth. For example, he owns a Rolls Royce Phantom, a Bugatti Veyron, a Mercedes S600, and many more luxury cars.

When did he start his career?

As we mentioned, he began his career by working for Microsoft. From there, he took his experience and eventually started his own company.

What is the profession of him?

You can sum it up as a “successful entrepreneur.” In fact, in 2018, he was voted one of the top 100 influential people.

He is known for his startup Ola, built within the last 10-12 years. In 2018, He was featured as one of the top 100 most influential people.

One piece of news on entrepreneur Bhavesh Aggarwal for 2022 is that his company Ola is developing a new charging technology that can charge from 0 percent to 100 percent in five minutes.

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