Bhavish Aggarwal is an Indian entrepreneur and co-founder of Ola Cabs with Ankit Bhati. He was born on 28 August 1985 in Ludhiana, Punjab. He did his bachelor’s in Computer Science from IIT Bombay. He started his career with Microsoft Research India as a Research intern and later got selected as an Assistant Researcher in the same company.

Aggarwal and Bhati went on to become India’s richest in 2014. In fact, Mr. Aggarwal received the ET award for the Richest of the year in 2017. Mr. Aggarwal has a fancy net worth of 3500 crore INR.

Cars

Bhavish Aggarwal believes that owning a car does not make sense for millennials due to the 24×7 availability of affordable cabs in urban cities.

“I don’t own a car. Even my younger brother doesn’t have one. The average age of my employees is around 26 years and they also don’t own cars. Around 10 years ago, people of this age group used to have a car. So with the advent of app-based taxi service, the ownership of the car is being delayed,” said Bhavish Aggarwal

Source of Income

Bhavish Aggarwal is an independent entrepreneur and significant part of his earnings come from his company. Ola Cabs is dependent on SoftBank for its funding needs besides pooling investments from Angel Investors. Ola Cabs has recently ventured into providing auto-rickshaw booking services following the launch of Ola Auto.

Ola Cabs and OYO Rooms joined hands and it is one f the biggest partnerships that the Indian start-up space has ever witnessed. As a part of this partnership, customers can book Ola Rooms in just three taps through the OYO App.