- Startup Mic
OLA - The Cab Revolution
Launch: 2010
Founders: Bhavish Aggarwal, Ankit Bhati
Industry: Mobility
Estimated Valuation: $6.2 billion
Ola Cabs, started by IIT-B graduates Bhavish and Ankit, has emerged to be the most prominent Indian mobility service provider in the country that offers its services across 50 cities in India and is evenly spread across countries, including the UK, Australia, and New Zealand.
The idea of Ola, a cab aggregation startup, came from Bhavish’s terrible experience. At the same time, he was traveling from Bengaluru to Bandipur, where the driver of his cab stranded him in the middle of nowhere over a failed negotiation deal.
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