Ola, India’s leading ride-hailing platform, was co-founded in December 2010 by Bhavish Aggarwal and Ankit Bhati in Bangalore. Today, Ola CEO Bhavish Aggarwal leads a diversified mobility and technology empire that spans Ola Consumer (ride-hailing), Ola Electric (NSE: OLAELEC), and Krutrim (AI). A graduate of IIT Bombay and former Microsoft Research India researcher, Aggarwal built Ola into a company serving over 110 cities across India with more than 800,000 vehicles. He took Ola Electric public in August 2024, making it one of India’s most high-profile tech IPOs, and founded Krutrim, which became India’s first AI unicorn in January 2024. As of March 2026, Bhavish Aggarwal remains the CEO of Ola Consumer and the Founder, Chairman, and Managing Director of Ola Electric.
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Bhavish Aggarwal – Quick Facts
Is Bhavish Aggarwal Still the CEO of Ola? (2026 Update)
Ola Competitors
Ola Consumer operates in India’s competitive ride-hailing and mobility market. The key competitors of Ola include:
- Uber India – Global ride-hailing giant, Ola’s primary competitor
- Rapido – Fast-growing Indian bike taxi and auto-rickshaw platform
- InDrive – Ride-hailing app with fare negotiation model
- BluSmart – All-electric ride-hailing service in India
- Ather Energy – Competitor in the electric two-wheeler space (vs. Ola Electric)
- TVS iQube / Bajaj Chetak – Legacy automakers competing in the EV scooter segment
Early Life & Education
Bhavish Aggarwal was born on August 28, 1985, in Ludhiana, Punjab, India. He grew up in a family of doctors — his father, Naresh Kumar Aggarwal, is an orthopedic surgeon, and his late mother, Usha Aggarwal, was a pathologist. Despite his family background in medicine, Bhavish was drawn to technology and engineering from an early age.
After initially failing the IIT entrance exam, Aggarwal cleared it on his second attempt with an impressive All India Rank of 23 in 2004. He enrolled at the Indian Institute of Technology (IIT) Bombay, graduating with a B.Tech in Computer Science and Engineering in 2008. During his time at IIT Bombay, he actively participated in technical and entrepreneurial activities and co-authored several research papers.
Career Timeline
Microsoft Research India (2008–2010)
After graduating from IIT Bombay, Bhavish Aggarwal joined Microsoft Research India in Bangalore as an intern in May 2007, and later as an Assistant Researcher from July 2008 to July 2010. During his two years at Microsoft, he filed two patent applications and published three papers in international research journals. It was during this period that a bad taxi experience on a trip from Bangalore to Bandipur planted the seed for what would become Ola.
Founding Ola (2010–Present)
In August 2010, Aggarwal left Microsoft Research to pursue entrepreneurship. He co-founded Ola Cabs (officially ANI Technologies Pvt. Ltd.) in December 2010 with his IIT Bombay classmate Ankit Bhati in Bangalore. What started as a small cab aggregator quickly grew into India’s largest ride-hailing platform, operating in over 110 cities with 800,000+ vehicles at its peak.
Bhavish Aggarwal Career Timeline
CEO Role & Leadership
As CEO of Ola Consumer and executive chairman of Ola Electric, Bhavish Aggarwal oversees a multi-billion-dollar business ecosystem. Under his leadership, Ola Consumer grew from a small cab aggregator to India’s dominant ride-hailing platform, raising billions in venture funding from investors including SoftBank, Tiger Global, and Tencent. Ola Consumer was last valued at approximately $7 billion during its Series J funding round.
Aggarwal founded Ola Electric in 2017 as a subsidiary focused on electric mobility. The company launched its S1 series of electric scooters and quickly became India’s largest electric two-wheeler manufacturer. Ola Electric’s IPO on the NSE and BSE in August 2024 was one of India’s most talked-about public listings, with shares surging 16% on listing day.
In 2023, Aggarwal launched Krutrim, an AI venture that became India’s first AI unicorn in January 2024, reaching a $1 billion valuation. Krutrim has developed India’s first indigenous large language model (LLM), with capabilities in 22 Indian languages. The company has also partnered with Nvidia to deploy India’s first GB200 AI supercomputer system.
Key Achievements & Recognitions
- Time 100 Most Influential People – Named to Time magazine’s list of the world’s 100 most influential people (2018)
- Forbes India “30 Under 30” – Early recognition as a top young entrepreneur
- Fortune India “40 Under 40” – Recognized among India’s top business leaders
- ET Entrepreneur of the Year – Economic Times award (2017)
- Forbes India Leadership Award – Business leadership recognition
- Ola Electric IPO – Successfully listed Ola Electric on Indian stock exchanges (August 2024)
- India’s First AI Unicorn – Founded Krutrim, valued at $1 billion in January 2024
- One of India’s Youngest Self-Made Billionaires – Listed on Forbes billionaires list
Personal Life – Age, Wife, & Family
Bhavish Aggarwal was born on August 28, 1985, in Ludhiana, Punjab, making him 40 years old as of March 2026. He comes from a family of medical professionals — his father, Dr. Naresh Kumar Aggarwal, is an orthopedic surgeon, and his late mother, Dr. Usha Aggarwal, was a pathologist.
Bhavish began dating Rajalakshmi, who worked as a marketing analyst at Ernst & Young, in 2007. They got engaged in June 2013 and married in early 2014. Rajalakshmi Aggarwal is now a social worker and has been leading initiatives at the Ola Foundation since December 2016.
Despite being one of India’s youngest billionaires, Aggarwal is known for his relatively low-key personal life, with a strong focus on building his business ventures. He is known for his outspoken views on social media, particularly on matters related to technology sovereignty and Indian entrepreneurship.
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Bhavish Aggarwal Net Worth 2026 – Ola CEO Salary
As of 2026, Bhavish Aggarwal’s net worth is estimated at approximately $1.4–2.3 billion USD, primarily driven by his equity stakes in Ola Consumer, Ola Electric, and Krutrim. His net worth peaked at around $2.6 billion following Ola Electric’s IPO in August 2024 when shares surged 16% on listing. However, subsequent share price declines have moderated his estimated wealth.
Ola CEO Compensation & Stakes
Ola Net Worth 2026 – Is Ola Profitable?
Ola Consumer (ANI Technologies) was last valued at approximately $7 billion during its Series J funding round. The company faces ongoing profitability pressure from competition with Uber India and Rapido.
Ola Electric Financial Summary (FY25)
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Ola CEO Email Address | Bhavish Aggarwal Contact
Below are the official contact details and social media profiles for Ola CEO Bhavish Aggarwal:
Frequently Asked Questions (FAQ)
Who is the current CEO of Ola?
The current CEO of Ola Consumer is Bhavish Aggarwal, who co-founded the company with Ankit Bhati in December 2010. He also serves as the Founder, Chairman, and Managing Director of Ola Electric (NSE: OLAELEC), which went public in August 2024.
What is Bhavish Aggarwal’s net worth in 2026?
As of 2026, Bhavish Aggarwal’s net worth is estimated at $1.4–2.3 billion USD, driven by his stakes in Ola Consumer (~8–9%), Ola Electric (~36.78%), and Krutrim AI (~90%). His wealth peaked at ~$2.6 billion during Ola Electric’s IPO listing in August 2024.
What is Ola CEO’s salary?
Bhavish Aggarwal’s salary at Ola Electric was INR 6.5 crore (~$780,000 USD) in FY25, a 124% increase from INR 2.88 crore in FY24. His board-approved compensation package allows up to INR 9 crore including variable pay.
What is Ola CEO’s email address?
Ola CEO Bhavish Aggarwal’s email address is [email protected]. He is also active on Twitter/X as @bhash and can be found on LinkedIn at linkedin.com/in/bhavishaggarwal.
What is Krutrim AI and who founded it?
Krutrim is an artificial intelligence company founded by Bhavish Aggarwal in 2023. It became India’s first AI unicorn in January 2024 with a $1 billion valuation. Krutrim has developed India’s first indigenous large language model (LLM) supporting 22 Indian languages and has partnered with Nvidia to deploy India’s first GB200 supercomputer system.
Is Ola Electric profitable?
No, Ola Electric is not yet profitable. The company posted a net loss of INR 2,276 crore on operating revenue of INR 4,645 crore in FY25. In Q3 FY26, revenue dropped 55% year-on-year to INR 470 crore. The company faces challenges including declining sales, falling market share, and service quality issues.
Article last updated:March 2026March 4, 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including corporate filings, official company press releases, and reputable news outlets. Net worth figures are estimates and may vary by source. This content is provided for informational purposes only and does not constitute financial or investment advice.