Years ago, when Bhavish Aggarwal and Ankit Bhati thought about Ola, leaving their job with a package of lakhs, the family used to make fun of him. Today everyone is saluting, and this company is one of the companies worth crores. Let’s know the success story behind it…
How about Ola
In 2007, two young students from the Indian Institute of Technology (IIT) Bombay, Bhavish Agarwal and Ankit Bhati, set out for Ratnagiri in coastal Maharashtra on a 335 km cycling tour from their campus in Powai. He was fond of traveling. Once, when he hired a car for a weekend trip from Bangalore to Bandipur, the driver stopped midway in Mysore and demanded more payment. An unmoved Bhavish covered the rest of the distance by bus. Then he got the attention of this App Based Startup (OLA) and started working on it. Ankit joined him and the two formed Ola Cabs in 2011.
Even though Bhavish and Ankit have given up on their grand cycling tour, there is one journey that has been extremely successful for them- their business trip. A word that sounds like the word ‘hello’ in Spanish. Ola was first started by Bhavish as olatrips.com, a portal that helps in booking cars and hotels for outstation trips.
Also read- This share of Rs 12.90 made investors rich! ₹ 1 lakh became ₹ 6 lakh in a year, what do you have?
..and friendship changed partnership
Bhavish had met Ankit on his first day at IIT. Their rooms were next to each other and Ankit knocked on Bhavish’s door to introduce himself. Passionate and enterprising, the young students dreamed of starting their own company together. Hungry for real-world experience, he participated in several extra-curricular assignments including freelance coding projects. Bhavish recalls that he didn’t get paid for the first project he worked on, but instead what he achieved was priceless – experiences that made him learn about real business fundamentals and a lifelong friendship to treasure. taught in
Also read- Good News! 2 lakh 25 thousand rupees will be sent to the accounts of lakhs of farmers in August, know what is the reason?
Everyone had made fun before
When Bhavish, working in Microsoft Research, quit his job and tried his hand at this work, his friends along with his family made fun of him and said that leaving the job and starting a business is a useless idea, but Bhavish wanted to become a self-made entrepreneur instead of doing a job. Bhavish says when I started my parents were thinking that I am going to become a travel agent. It was very difficult to convince them, but when Ola Cabs got the first funding, they believed in my startup. Let us tell you that today Ola has made its place in many cities. The company is doing business in thousands of crores.
Read Hindi News online and watch Live TV News18 on Hindi website. Know news related to country and abroad and your state, Bollywood, sports world, business.