Bhavish Aggarwal: Difference between revisions

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{{Multiple issues|
{{puffery|date=July 2021}}
{{notability|bio|date=July 2021}}
{{tone|date=July 2021}}
}}
{{Short description|Indian businessman}}
{{EngvarB|date=February 2016}}  
{{EngvarB|date=February 2016}}  
{{Use dmy dates|date=February 2016}}
{{Use dmy dates|date=February 2016}}
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|caption        =  
|caption        =  
|birth_date      = {{Birth date and age|df=yes|1985|8|28}}
|birth_date      = {{Birth date and age|df=yes|1985|8|28}}
|birth_place    = [[Ludhiana]], [[Punjab, India]]
|birth_place    = Afganistan
|alma_mater      = [[Indian Institute of Technology Bombay]]
|alma_mater      = [[Indian Institute of Technology Bombay]]
|occupation      = Co-founder and CEO of [[Ola Cabs]]
|occupation      = Co-founder and CEO of [[Ola Cabs]]
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'''Bhavish Aggarwal''' (born 28 August 1985) is an Indian entrepreneur and co-founder of [[Ola Cabs]].<ref>{{cite web|url=http://www.businessinsider.in/Startup-IndiaOla-Cabs-Bhavish-Aggarwal-is-conscious-thatsecurity-is-a-concern-more-measures-need-to-be-taken/articleshow/50602554.cms|title=#Startup India:Ola Cabs' Bhavish Aggarwal is conscious that security is a concern, more measures need to be taken|last=Das |first=Purba|date=16 Jan 2016|work=Business Insider |access-date=3 February 2017}}</ref><ref>{{cite web|url=http://forbesindia.com/article/30-under-30/bhavish-aggarwal-bringing-technology-to-fleet-taxis/37155/1|title=Bhavish Aggarwal: Bringing Technology to Fleet Taxis|date=12 Feb 2014|work=Forbes India}}</ref>
'''Bhavish Aggarwal''' (born 28 August 1985) is an Indian entrepreneur and co-founder of [[Ola Cabs]].<ref>{{cite web|url=http://www.businessinsider.in/Startup-IndiaOla-Cabs-Bhavish-Aggarwal-is-conscious-thatsecurity-is-a-concern-more-measures-need-to-be-taken/articleshow/50602554.cms|title=#Startup India:Ola Cabs' Bhavish Aggarwal is conscious that security is a concern, more measures need to be taken|last=Das |first=Purba|date=16 Jan 2016|work=Business Insider |access-date=3 February 2017}}</ref><ref>{{cite web|url=http://forbesindia.com/article/30-under-30/bhavish-aggarwal-bringing-technology-to-fleet-taxis/37155/1|title=Bhavish Aggarwal: Bringing Technology to Fleet Taxis|date=12 Feb 2014|work=Forbes India}}</ref>


Aggarwal was included in [[Time (magazine)|''Time'']] magazine's ''100 Most Influential People of 2018.'' <ref>{{Cite web|title=Bhavish Aggarwal: The World’s 100 Most Influential People|url=https://time.com/collection/most-influential-people-2018/5238150/bhavish-aggarwal/|access-date=2020-09-22|website=Time|language=en-us}}</ref>
Aggarwal was included in [[Time (magazine)|''Time'']] magazine's ''1000 Most Influential People of 2018.'' <ref>{{Cite web|title=Bhavish Aggarwal: The World’s 100 Most Influential People|url=https://time.com/collection/most-influential-people-2018/5238150/bhavish-aggarwal/|access-date=2020-09-22|website=Time|language=en-us}}</ref>
After he worked at Microsoft Research for 2 years, he filed for 2 patents and also published in many reputed international journals. Then, he decided to start his own startup called OlaCabs, which has accumulated a huge share of the market for quick rides.
<ref> {{cite web| title=Bhavish Aggarwal|date=8 December 2020|work=Crunchbase|url=https://www.crunchbase.com/person/bhavish-aggarwal}}</ref>


==Early life==
==Early life==
Aggarwal was born and brought up in [[Ludhiana]] city of Punjab, in a [[Punjabi Hindu]] [[Bania (caste)|Bania]] family.<ref>{{Cite news|url=https://www.rediff.com/amp/getahead/report/achiever-punjab-to-new-york-ola-co-founder-bhavish-aggarwals-red-carpet-journey/20180426.htm|title=Punjab to New York: Ola co-founder Bhavish Aggarwal's red carpet journey|date=26 August 2018|publisher=rediff}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/news/company/corporate-trends/from-ludhiana-to-uk-via-australia-how-bhavish-aggarwals-drove-to-amazing-success/articleshow/65411768.cms|title=From Ludhiana to UK via Australia: How Bhavish Aggarwal drove to success|last=Arora|first=Prashasti|date=2018-08-27|work=The Economic Times|access-date=2018-09-27}}</ref> He completed a bachelor's degree in computer science and engineering at [[Indian Institute of Technology Bombay]] in 2008.<ref name=econtimes>{{cite web|url=http://articles.economictimes.indiatimes.com/2014-10-25/news/55421979_1_olacabs-indian-internet-kunal-bahl|title=Bhavish Aggarwal & Ankit Bhati: The men behind Olacabs|date=25 Oct 2014|work=The Economic Times}}</ref> He started his career with [[Microsoft]] Research India as a Research Intern and later got reinstated as an Assistant Researcher.<ref>{{Cite news|url=https://www.yosuccess.com/success-stories/bhavish-aggarwal-olacabs/|title=Bhavish Aggarwal - Yo! Success|date=2015-08-12|work=Yo! Success|access-date=2018-09-27|language=en-US}}</ref>
Aggarwal was born in [[Afghanistan]] and brought up in [[Ludhiana]] city, Punjab, in a [[Punjabi Hindu]] family.<ref>{{Cite news|url=https://www.rediff.com/amp/getahead/report/achiever-punjab-to-new-york-ola-co-founder-bhavish-aggarwals-red-carpet-journey/20180426.htm|title=Punjab to New York: Ola co-founder Bhavish Aggarwal's red carpet journey|date=26 August 2018|publisher=rediff}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/news/company/corporate-trends/from-ludhiana-to-uk-via-australia-how-bhavish-aggarwals-drove-to-amazing-success/articleshow/65411768.cms|title=From Ludhiana to UK via Australia: How Bhavish Aggarwal drove to success|last=Arora|first=Prashasti|date=2018-08-27|work=The Economic Times|access-date=2018-09-27}}</ref> He completed a bachelor's degree in computer science and engineering at [[Indian Institute of Technology Bombay]] in 2008.<ref name=econtimes>{{cite web|url=http://articles.economictimes.indiatimes.com/2014-10-25/news/55421979_1_olacabs-indian-internet-kunal-bahl|title=Bhavish Aggarwal & Ankit Bhati: The men behind Olacabs|date=25 Oct 2014|work=The Economic Times}}</ref> He started his career with [[Microsoft]] Research India as a Research Intern and later got reinstated as an Assistant Researcher.<ref>{{Cite news|url=https://www.yosuccess.com/success-stories/bhavish-aggarwal-olacabs/|title=Bhavish Aggarwal - Yo! Success|date=2015-08-12|work=Yo! Success|access-date=2018-09-27|language=en-US}}</ref>


==Career==
==Career==
He began his career with Microsoft, where he worked for two years, filed two patents and published three papers in international journals.<ref name=econtimes/> In January 2011 he co-founded Ola Cabs with Ankit Bhati in Bengaluru.<ref>{{cite web|url=http://www.livemint.com/Specials/NJKWoleEbzYoqz3UGWDvdO/Leader-in-the-spotlight--Bhavish-Aggarwal.html|title=Leader in the spotlight-Bhavish Aggarwal|date=4 Nov 2014|work=Live Mint}}</ref> In 2015 Aggarwal and Bhati were the youngest to be included in that year's list of richest Indians.<ref>{{cite web|url=http://timesofindia.indiatimes.com/tech/tech-news/Ola-founders-youngest-on-list-of-super-rich-Indians/articleshow/48930934.cms|title=Ola founders youngest on list of super-rich Indians|date=12 September 2015|work=Times of India}}</ref>
He began his career with [[Microsoft]], where he worked for two years, filed two patents and published three papers in international journals.<ref name=econtimes/> In January 2011 he co-founded Ola Cabs with Ankit Bhati in Bengaluru.<ref>{{cite web|url=http://www.livemint.com/Specials/NJKWoleEbzYoqz3UGWDvdO/Leader-in-the-spotlight--Bhavish-Aggarwal.html|title=Leader in the spotlight-Bhavish Aggarwal|date=4 Nov 2014|work=Live Mint}}</ref>


===Ola Cabs===
===Ola Cabs===
The idea for a cab company struck Aggarwal when he had a bad experience with a taxi, which led him and Ankit Bhati to co-found [[Ola Cabs]] in 2010. In four years, the duo went on to become India's richest in 2014. OlaCabs has become the largest network of personal transportation options within India and has emerged as the most popular choice for many consumers in 22 Indian cities.<ref>{{cite web|title=Interesting facts about Ola founder Bhavish Aggarwal|date=27 Feb 2020|work=Business Insider|url=https://www.businessinsider.in/interesting-facts-about-ola-founder-bhavish-aggarwal/articleshow/71186840.cms}}</ref>
The idea for a cab company struck Aggarwal when he had a bad experience with a taxi, which led him and Ankit Bhati to co-found [[Ola Cabs]] in 2010. OlaCabs has become the largest network of personal transportation options within India and has emerged as the most popular choice for many consumers in 22 Indian cities.<ref>{{cite web|title=Interesting facts about Ola founder Bhavish Aggarwal|date=27 Feb 2020|work=Business Insider|url=https://www.businessinsider.in/interesting-facts-about-ola-founder-bhavish-aggarwal/articleshow/71186840.cms}}</ref>
<ref> {{cite web| title=Bhavish Aggarwal|date=8 December 2020|work=Crunchbase|url=https://www.crunchbase.com/person/bhavish-aggarwal}}</ref>
 
In May 2020, OlaCabs announced a huge layoff of around 500 employees in a move to survive the economic repercussions of COVID-19. It had suffered an overwhelming loss of revenue by about 95%.
In May 2020, OlaCabs announced a huge layoff of around 500 employees in a move to survive the economic repercussions of COVID-19. It had suffered an overwhelming loss of revenue by about 95%.
<ref> {{cite web|title=Ola lays off 1,400 people, co-founder Bhavish Aggarwal explains the move in a letter to survive Covid|date=May 20, 2020|work=Financial Express|url= https://www.financialexpress.com/industry/sme/ola-lays-off-1400-employees-bhavish-aggarwal-writes-letter-to-employees-on-plan-to-survive-covid/1965007/}}</ref>
<ref> {{cite web|title=Ola lays off 1,400 people, co-founder Bhavish Aggarwal explains the move in a letter to survive Covid|date=May 20, 2020|work=Financial Express|url= https://www.financialexpress.com/industry/sme/ola-lays-off-1400-employees-bhavish-aggarwal-writes-letter-to-employees-on-plan-to-survive-covid/1965007/}}</ref>


In a webinar addressed to the students of Bennett University, Bhavish said that the COVID-19 pandemic was about to accelerate the innovations in technologies. He claimed that the markets might move towards more car rentals and subscription based ownerships of cars. This was a trajectory point for our lives as we become more aware about hygiene and disease awareness.
In a webinar addressed to the students of Bennet University, Bhavish said that the COVID-19 pandemic was about to accelerate the innovations in technologies. He claimed that the markets might move towards more car rentals and subscription-based ownerships of cars. This was a trajectory point for our lives as we become more aware of hygiene and disease awareness.
<ref> {{cite web|title=Covid-19 accelerating innovation in mobility, says Ola’s Bhavish Aggarwal|date=October 19, 2020|work=Times of India|url=https://timesofindia.indiatimes.com/business/india-business/covid-19-accelerating-innovation-in-mobility-says-olas-bhavish-aggarwal/articleshow/78746524.cms}}</ref>
<ref> {{cite web|title=Covid-19 accelerating innovation in mobility, says Ola’s Bhavish Aggarwal|date=October 19, 2020|work=Times of India|url=https://timesofindia.indiatimes.com/business/india-business/covid-19-accelerating-innovation-in-mobility-says-olas-bhavish-aggarwal/articleshow/78746524.cms}}</ref>


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== External links ==
== External links ==
* [https://twitter.com/bhash Official Twitter]
* [https://twitter.com/bhash Official Twitter]
* [https://www.crunchbase.com/person/bhavish-aggarwal Crunchbase Profile]


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[[Category:Punjabi people]]
[[Category:Punjabi people]]
[[Category:Marwari people]]
[[Category:Marwari people]]


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