ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
Business

Aggarwal's Olacabs gets India rolling

 (placeholder image)
A cab driver waits to pick up commuters outside the Chhatrapati Shivaji Terminus Railway Station in Mumbai.   © Reuters
Olacabs CEO Bhavish Aggarwal

MUMBAI -- Anyone who has experienced Mumbai's creaky public transport knows what a challenge it can be to get around India's commercial capital. For busy professionals, a chauffeur-driven car is often the best choice. Olacabs is taking advantage.

     The company was founded in 2010 by Bhavish Aggarwal and a classmate from the prestigious Indian Institute of Technology. Aggarwal had graduated with a bachelor's degree in computer science and engineering from IIT Bombay in 2008; he then worked at Microsoft Research for two years. 

     The 28-year-old CEO's bright idea was to enable people to hire drivers by smartphone, a first for the country. This earned him a reputation as an up-and-coming leader of a young business. Ankit Bhati, Olacabs' co-founder and chief technology officer, handles the technical aspects of Aggarwal's visions.

    Another Olacabs innovation is to let customers track where the hired car is driving in real time.

    Rather than buy its own fleet of cars, Olacabs ties up with local taxi providers. It can call upon about 6,000 cars in Mumbai, Delhi and other big cities in India.

     Aggarwal is intent on improving his company's service. He is trying to develop a system that will let customers determine their car's exact arrival time. Industry observers will be keeping a close eye on the company's growth in 2014.

  • Sponsored Content

    About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

    Stay ahead with our exclusives on Asia;
    the most dynamic market in the world.

    Stay ahead with our exclusives on Asia

    Get trusted insights from experts within Asia itself.

    Get trusted insights from experts
    within Asia itself.

    Try 1 month for $0.99

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

    This is your last free article this month

    Stay ahead with our exclusives on Asia; the most
    dynamic market in the world
    .

    Get trusted insights from experts
    within Asia itself.

    Try 3 months for $9

    Offer ends July 31st

    Your trial period has expired

    You need a subscription to...

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers and subscribe

    Your full access to the Nikkei Asian Review has expired

    You need a subscription to:

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers
    NAR on print phone, device, and tablet media