The co-founder and CEO of the Ola Cabs and Ola Electric, Bhavish Aggarwal, is amongst the most successful entrepreneurs in the country, know his 2023 net worth
The businessman was born in Ludhiana, Punjab, India on August 28, 1985, in a Punjabi Hindu family.
Ola founder Bhavish Aggarwal net worth 2023, education, age, wife and biography
The 37-year-old who was included in the 100 most influential peopleโs list of Time Magazine in 2018 has completed a degree in Computer Science and Engineering from the ITT Bombay in 2008.
Holi hai!! Holi office party annual tradition ๐ชฉ๐ฆ๐ซ pic.twitter.com/2gBnNwcrBR
— Bhavish Aggarwal (@bhash) March 8, 2023
Bhavish began his career as a Research intern at the Microsoft Research and later got the position of Assistant Researcher in the same organization wherein he worked from 2008 to 2010.
During his time as the Assistant Researcher, he filed two patents and published around 3 papers in the international journals.
After working 2 years at the Microsoft, he called it quits and went ahead with Ankit Bhati to found his own brand Ola Cabs in Mumbai in 2011. The idea of the taxi company struck him after having a bad experience with a taxi during his journey from Bangalore to Bandipur.
At the time, his driver demanded more money than they initially agreed upon. But he refused to pay him more so his driver abandoned him on the way of destination.
The CEO of the brand is married to his long time girlfriend, Rajalakshmi, whom he started dating in 2007. As per reports, the wife of the Co-founder is leading all the initiatives at the Ola Foundation since December 2016. In 2017, Bhavish was honored with an ET Awards, Richest of the year.
During Covid-19 pandemic, Ola cabs had announced a huge layoff of approximately 5000 employees to survive the economic repercussions of the pandemic.
The brand had suffered an overwhelming loss of around 95%. During a webinar organized by Bennet University, Bhavish expressed that Covid-19 pandemic has accelerate the innovations in technologies.
Earlier, in April 2022, an internal email was sent out to all Ola employees announcing that Bhavish would be stepping down from his day-to-day operations of the company to focus more on the future venture of the brand into the electric vehicles.
For those who are curious to know more about the net worth of the co-founder of the cab company, let us tell you, as per a list revealed by IIFL Wealth, Bhavishโs net worth is estimated to be somewhat around Rs 11,700 crore.
ALSO READ: Demon X Angel Canโt Get Along chapter 79 release date, time, manga Reddit spoilers, where to read