Bhavish Aggarwal: How Ola Took on Uber and Won India’s Roads

FOUNDERS

4/16/20252 min read

Introduction

When Bhavish Aggarwal launched Ola in 2010, the idea of booking a taxi through an app was almost unheard of in India. Public transportation was patchy, taxis were unorganized, and customer service was unreliable.
By focusing on local needs, Bhavish built a homegrown giant that not only challenged Uber but often outpaced it across India.

His journey is a story of vision, localization, and relentless execution.

Early Life and Background

Born in 1985 in Ludhiana, Punjab, Bhavish grew up in a traditional middle-class household.
He pursued a degree in Computer Science from the Indian Institute of Technology (IIT) Bombay, one of India’s top engineering schools.

After graduation, Bhavish worked briefly at Microsoft Research. But the typical corporate career path didn’t excite him. He had the entrepreneurial itch.

During one of his trips — where he had a terrible experience trying to book a cab from Bangalore to Bandipur — the idea for Ola struck him:
Why not create a tech-enabled platform to make cab bookings easy, reliable, and transparent?

The Big Idea: Solving India's Unique Mobility Problems

In 2010, Bhavish co-founded Ola Cabs (now simply Ola) with his friend Ankit Bhati.
Starting from a small office in Mumbai, they onboarded a handful of cabs and manually matched customer bookings.

The Indian market posed unique challenges:

  • Huge demand but fragmented supply

  • No GPS or smartphone penetration among drivers

  • Price-sensitive, service-focused customers

Bhavish tackled these head-on by:

  • Training drivers to use smartphones

  • Offering driver incentives

  • Launching flexible payment options (cash, wallets)

Localization was key.
Unlike Uber's premium-only early strategy, Ola focused on affordability and accessibility — from economy rides to auto-rickshaws and bike taxis.

Building the Company: Speed, Grit, and Scale

Ola scaled fast:

  • Entered multiple cities within months

  • Launched categories like Ola Mini, Ola Share, Ola Auto

  • Built its own digital wallet — Ola Money

  • Expanded into electric vehicles and food delivery (Ola Electric, Ola Foods)

Bhavish's biggest test came when Uber entered India in 2013.
Instead of backing down, Ola doubled down:

  • Aggressive discounts

  • Faster driver onboarding

  • Hyperlocal strategies city-by-city

In many cities, Ola retained market leadership despite Uber’s global brand and cash advantage.

Today, Ola is more than a cab company — it's a mobility platform spanning ride-hailing, electric vehicles, financial services, and even car manufacturing (Ola Electric’s factory in Tamil Nadu is one of the world’s largest EV factories).

Lessons for Founders

Bhavish Aggarwal’s story is rich with startup lessons:

1. Localize aggressively.
Global playbooks rarely work in India. Customize for local realities.

2. Speed matters.
Ola expanded faster than competitors could catch up — critical in network-effect businesses.

3. Focus on the full ecosystem.
Ola didn’t stop at cabs — they expanded into payments, autos, EVs, and more.

4. Play offense, not defense.
Even when Uber came in with massive funding, Ola stayed aggressive rather than defensive.

5. Reinvent before you're disrupted.
Bhavish is now betting big on electric vehicles, seeing where the future of mobility is headed.

The Impact

Ola transformed how millions of Indians move every day.
It gave drivers new earning opportunities and made urban transportation more convenient and safer.

Today, Ola operates in India, the UK, Australia, and New Zealand, with ambitions to become a global mobility company — not just an Indian success story.

Ola Electric is a bold bet toward making India a major player in the EV revolution, with ambitions to rival Tesla and other giants.

Conclusion

Bhavish Aggarwal's journey reminds us that startups win not by copying others, but by understanding their customers better.
By obsessing over India’s unique needs and moving at lightning speed, he built a multi-billion-dollar business from scratch.

For founders, the takeaway is crystal clear:
Understand your market better than anyone else — and never be afraid to go all in when the opportunity is real.