Business

Ola Electric IPO opens: Take a look at Bhavish Aggarwal's net worth

Image credits: Bhavish Aggarwal Twitter

IPO opened today

Bhavish Aggarwal-led Ola Electric Mobility Limited opened IPO for subscription today. Through IPO, the Softbank-backed company aims to raise around ₹6,145.56 crore from the IPO.

Image credits: Bhavish Aggarwal Twitter

Bhavish started Ola Cabs

Bhavish helped start Ola Cabs and is now its CEO. He also began Ola Electric and OlaKrutrim, an AI company with a big language model that became India’s first AI unicorn in 2024.

Image credits: Bhavish Aggarwal Twitter

Education

At IIT Bombay, he earned bachelor’s degree in computer science and engineering. He worked as Research Intern and then Assistant Researcher at Microsoft Research India.

Image credits: Bhavish Aggarwal Twitter

How did Ola Cabs start?

While Aggarwal was in a bad taxi, he had the idea for a taxi business. He and Ankit Bhati started Ola Cabs together in 2010.

Image credits: Bhavish Aggarwal Twitter

Got huge investment

Soon, they launched their app and bagged a $5 million investment from Tiger Global Management.

Image credits: Bhavish Aggarwal Twitter

His net worth

Bhavish Aggarwal took Ola to new heights, even though he came from a small town and a poor background. It is thought that Bhavish Aggarwal is worth about Rs 11,700 crore.

Image credits: Bhavish Aggarwal Twitter

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