Billionaire Profile
Bhavish Aggarwal
Global Rank
#2573

Image: Inakashsingh | CC BY-SA 4.0 | via Wikimedia Commons

Bhavish Aggarwal

CEO, Ride-hailing app
INDIA
Real-Time Net Worth
$1.457B
Estimated based on Ride-hailing app stock value as of March 6, 2026
0% (24h)
Age
40
Source
Ride-hailing app
Industry
Technology
Citizenship
INDIA

Biography

Bhavish Aggarwal, born in Ludhiana, Punjab, India, is a prominent Indian entrepreneur and a self-made billionaire. At the age of 40, he is the co-founder and CEO of Ola Consumer, the founder of Ola Electric, and the founder of Ola Krutrim, India's first AI unicorn. Aggarwal's source of wealth stems from his ride-hailing app, Ola Cabs, and his investments in Ola Electric and other ventures. His estimated net worth is $1.5 billion as of February 2024. He is known for his innovative approach to technology and his contributions to the mobility and technology sectors in India.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Bhavish Aggarwal was born on August 28, 1985, in Ludhiana, Punjab, India. He grew up in a Punjabi family that emphasized the importance of education and hard work. Aggarwal's early life was marked by his academic pursuits, eventually leading him to the Indian Institute of Technology Bombay (IIT Bombay), where he earned a bachelor's degree in Computer Science and Engineering in 2008. During his time at IIT Bombay, he met his future business partner, Ankit Bhati.

Rise to Success

After graduating, Aggarwal started his career at Microsoft Research India as a research intern, later becoming an assistant researcher. He spent two years at Microsoft, where he filed two patents and published three papers in international journals. However, in 2010, he left Microsoft to pursue his entrepreneurial ambitions. In January 2011, he co-founded Ola Cabs with Ankit Bhati in Bengaluru. Under Aggarwal's leadership, Ola transformed urban transportation in India, expanding to over 250 cities and entering international markets like Australia, the UK, and New Zealand. In 2017, Aggarwal founded Ola Electric, launching electric scooters and promoting sustainable transportation. In 2023, he founded Krutrim, an AI startup, which became India's first AI unicorn.

Key Business Strategies

Aggarwal's success is built on a foundation of technological innovation and a deep understanding of the Indian market. He has consistently applied technology to solve real-world problems, from simplifying ride-hailing to promoting electric vehicles and AI solutions. His approach has been characterized by a willingness to challenge the status quo and a focus on building for the future. He has expanded Ola beyond ride-hailing into various sectors: Ola Electric: Manufacturing electric scooters and working on electric cars for Indian markets. Ola Maps: Competing with Google Maps by offering free API access to Indian developers. Krutrim: A technology initiative focusing on AI solutions tailored for Indian users.

Philanthropy

In 2016, Aggarwal's wife, Rajalakshmi Aggarwal, joined the Ola Foundation, contributing to the company's philanthropic efforts.

Career Milestones

2008

Graduated from IIT Bombay

Earned a bachelor's degree in Computer Science and Engineering.

2011

Co-founded Ola Cabs

Launched Ola Cabs with Ankit Bhati, revolutionizing ride-hailing in India.

2017

Founded Ola Electric

Started Ola Electric, focusing on electric vehicles.

2018

Featured in Time Magazine's 100 Most Influential People

Recognized for his impact on the technology and transportation sectors.

2024

Krutrim becomes Unicorn

Krutrim, his AI startup, reached a $1 billion valuation.

Philanthropy & Social Impact

Social Initiatives

Ola Foundation

Undisclosed

Rajalakshmi Aggarwal joined the Ola Foundation and helped her husband take the company's philanthropic wing to a notch higher.

Business Philosophy & Leadership

Notable Quotes

"“If you are trying to change the status quo and if you are crafting a path of your own at scale, people will question you,""

Leadership Principles

Technological Innovation

Applying technology to solve real-world problems in transportation and beyond.

Challenging the Status Quo

Taking a different approach and building for the future.

Controversies & Challenges

2022

Toxic Work Environment Allegations

Criticized for allegedly creating a hostile work environment at Ola Electric.

2021

Engineer Suicide

Named in an FIR regarding abetment to suicide of an engineer, the company denies any harassment claims.

2024

Pronoun Controversy

Objected to LinkedIn using non-binary pronouns for him, expressing concerns over the imposition of Western ideology.