Connect with us

Entrepreneur Stories

OLA Cabs Success Story

Published

8 years ago

on

OLA Cabs Success Story,Startup Stories,2017 most Read Startup Stories,Inspirational Stories,Startup News,Motivational Stories,OLA Founders Bhavish Aggarwal and Ankit Bhati,OLA Founders Biography,OLA Founders Success Story,OLA Cabs Story,OLA Cabs Founders Story

Taking a can or hiring cars for cross city travels has always been a huge issue in the Indian society. Stuck in a similar situation, abandoned in the middle of the road by his cab driver, this young entrepreneur decided to take matters into his own hands. Homegrown cab aggregator startup Ola Cabs was born when Bhavish Aggarwal found himself in the middle of a trip from Bangalore to Bandipur, having a horrible experience.

Ola Cabs became the collective prodigy of Bhavish Aggarwal and Ankit Bhati, owned by ANI Technologies Pvt., Ltd. After a humble beginning in 2010, Ola became one of the fastest growing startups in India, beating its global rivals Uber and Meru Cabs.  By 2014, the company spread to more than 100 cities pocketing a network of more than 200,000 cars. Clocking more than 150,000 bookings per day, Ola held over 60% of the market share in India. What started off as a cross city cab aggregator company soon launched mini cabs for city travel in Bangalore and Delhi NCR. With a base price of Rs.150 for the first six kilometers and an introductory price of Rs. 12 per kilometer, Ola became the cheapest AC cab services.

Till date, the company claims to have a user base of 125 million in India and a network of over one million driver-partners across 110 cities. The company has also raised close to $1.1 billion from investors, including Tencent and SoftBank.

Watch the amazing story of how Bhavish Agarwal and Ankit Bhati transformed the Indian cab rental industry here!

Related Topics:
Continue Reading
Advertisement
24 Comments

24 Comments

  1. droversointeru

    December 30, 2024 at 4:54 am

    Its excellent as your other content : D, thanks for posting. “For peace of mind, we need to resign as general manager of the universe.” by Larry Eisenberg.

    Reply

  2. Conrad Lobell

    March 5, 2025 at 4:22 am

    I am curious to find out what blog system you’re using? I’m having some small security problems with my latest website and I would like to find something more safeguarded. Do you have any suggestions?

    Reply

  3. process server louisiana

    March 11, 2025 at 1:08 am

    Wow that was odd. I just wrote an really long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say wonderful blog!

    Reply

  4. eviction notice

    March 11, 2025 at 2:20 am

    I think this is one of the most significant information for me. And i am glad reading your article. But wanna remark on some general things, The site style is wonderful, the articles is really nice : D. Good job, cheers

    Reply

  5. moonstone

    March 12, 2025 at 8:19 pm

    Hello are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and create my own. Do you need any html coding knowledge to make your own blog? Any help would be really appreciated!

    Reply

  6. gomedhikam

    March 12, 2025 at 9:03 pm

    I consider something truly special in this web site.

    Reply

  7. 78712

    March 13, 2025 at 4:30 am

    I like this website very much, Its a real nice office to read and find information.

    Reply

  8. zoritoler imol

    March 15, 2025 at 11:11 pm

    Wow, superb weblog format! How long have you ever been running a blog for? you make running a blog look easy. The total look of your site is excellent, as neatly as the content!

    Reply

  9. drover sointeru

    March 30, 2025 at 9:10 pm

    great post, very informative. I wonder why the other experts of this sector don’t realize this. You must continue your writing. I am confident, you’ve a huge readers’ base already!

    Reply

  10. ดูซีรี่ย์

    March 31, 2025 at 6:31 am

    I delight in, cause I discovered exactly what I used to be taking a look for. You’ve ended my 4 day lengthy hunt! God Bless you man. Have a great day. Bye

    Reply

  11. https://menbehealth.Wordpress.com/

    March 31, 2025 at 4:21 pm

    Pretty! This was an extremely wonderful article.
    Many thaanks for supplying these details. https://menbehealth.Wordpress.com/

    Reply

  12. https://menbehealth.Wordpress.com/

    March 31, 2025 at 4:21 pm

    Pretty!This was an extremely wonderful article. Manny thanks for
    supplying thrse details. https://menbehealth.Wordpress.com/

    Reply

  13. drover sointeru

    April 3, 2025 at 3:59 pm

    I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thanks again

    Reply

  14. Digna Carvalno

    April 10, 2025 at 9:40 pm

    I am often to blogging and i really appreciate your content. The article has really peaks my interest. I am going to bookmark your site and keep checking for new information.

    Reply

  15. stone display design

    April 11, 2025 at 5:02 am

    Hello. magnificent job. I did not expect this. This is a great story. Thanks!

    Reply

  16. droversointeru

    April 12, 2025 at 8:57 pm

    I was suggested this blog by my cousin. I’m not sure whether this post is written by him as nobody else know such detailed about my problem. You are wonderful! Thanks!

    Reply

  17. zoritoler imol

    April 28, 2025 at 9:14 pm

    I like this blog very much, Its a real nice situation to read and obtain information.

    Reply

  19. Serie A Live Streaming

    May 10, 2025 at 9:25 pm

    Este site é realmente incrível. Sempre que consigo acessar eu encontro coisas boas Você também pode acessar o nosso site e saber mais detalhes! Conteúdo exclusivo. Venha saber mais agora! 🙂

    Reply

  20. Watch free Wimbledon streams

    May 11, 2025 at 4:03 am

    Este site é realmente fascinate. Sempre que acesso eu encontro coisas boas Você também vai querer acessar o nosso site e descobrir detalhes! conteúdo único. Venha descobrir mais agora! 🙂

    Reply

  21. zoritoler imol

    May 11, 2025 at 5:39 am

    Great remarkable things here. I?¦m very satisfied to see your post. Thank you a lot and i am having a look forward to touch you. Will you please drop me a e-mail?

    Reply

  22. morocco desert trips

    May 24, 2025 at 10:11 am

    I have been examinating out a few of your stories and i must say clever stuff. I will surely bookmark your site.

    Reply

  23. Dtgeuxne

    May 27, 2025 at 4:07 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplayBonus offer.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

Published

5 days ago

on

May 26, 2025

By

Razorpay

MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

Continue Reading

Entrepreneur Stories

PixelSky Capital Unveils INR 400 Crore Secondaries Fund

Published

1 month ago

on

April 25, 2025

By

Startup Stories

Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

Continue Reading

Entrepreneur Stories

Meta’s Upcoming AR Glasses: A Sneak Peek

Published

2 months ago

on

April 7, 2025

By

Meta’s Upcoming AR Glasses: A Sneak Peek,Startup News,Startup Stories 2025,Startup Stories India,Tech News,Meta,AR Glasses,Ray-Ban Smart Glasses,OLED displays,Qualcomm Snapdragon,AR and AI,Meta unveils new AR glasses with heart rate monitoring,Meta’s Upcoming AR Glasses,Meta News,Meta Latest News,Meta Updates,Meta Latest Updates,Orion AR glasses,Meta AR glasses,Meta's upcoming ar glasses,Meta Upcoming AR Glasses,Meta AR Glasses News,Meta AR Glasses Latest News,Meta AR Glasses Update,Meta AR Glasses Latest Update,Ray-Ban,Marketing,Apple,Google,Meta's AR glasses with Mark Zuckerberg,Mark Zuckerberg,Mark Zuckerberg Latest News,Mark Zuckerberg News,Technoly,Electronics,

Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

Continue Reading
Advertisement

Recent Posts

Advertisement