ANI Technologies (Ola Cabs)

Mobility-as-a-Service (MaaS)Founded 2010

Market Data Current As Of: September 12, 2026

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ANI Technologies (Ola Cabs)

Mobility-as-a-Service (MaaS)Founded 2010

Reviewed by Swet Parvadiya

Last reviewed: September 12, 2026

Market Data Current As Of: September 12, 2026

Founders

Who Founded ANI Technologies (Ola Cabs)?

Bhavish Aggarwal, Ankit Bhati · Founded 2010 · Bengaluru, Karnataka, India

Quick Answer

ANI Technologies (Ola Cabs) was founded by Bhavish Aggarwal, Ankit Bhati in 2010 in Bengaluru, Karnataka, India. The company is currently led by Bhavish Aggarwal.

Founding Story

In 2010, 24-year-old IIT Bombay graduate Bhavish Aggarwal hired a private rental car to travel from Bangalore to Bandipur. Midway through the journey, the driver stopped in the middle of nowhere and demanded an exorbitant cash surcharge, threatening to abandon Aggarwal on the dark highway when he refused. Stranded on the roadside, Aggarwal experienced firsthand the painful vulnerability, price gouging, and unreliability that plagued Indian taxi travel. Aggarwal teamed up with his college friend Ankit Bhati to create 'OlaTrip.com' from a small Mumbai apartment on December 3, 2010, initially operating as an online tour and cab booking website before pivoting into an on-demand smartphone app. By giving drivers GPS-enabled smartphones and giving passengers upfront metered pricing with transparent driver ratings, Bhavish and Ankit ignited India's ride-hailing revolution.

Bhavish Aggarwal

Background

Bhavish Aggarwal graduated with a Bachelor's degree in Computer Science from IIT Bombay in 2008 and worked at Microsoft Research, filing two patents.

Role at ANI Technologies (Ola Cabs)

Bhavish Aggarwal is the Co-Founder and Chief Executive Officer of ANI Technologies (Ola Cabs). In 2010, Aggarwal co-founded Ola to revolutionize Indian urban mobility. Aggarwal pioneered on-demand auto-rickshaw aggregation, raised billions from global investors, fought off international competitors, and subsequently founded EV titan Ola Electric and Krutrim AI.

Ankit Bhati

Background

Ankit Bhati is an Indian software engineer and IIT Bombay graduate (B.Tech & M.Tech in Mechanical Engineering, 2009) who specialized in distributed backend systems.

Role at ANI Technologies (Ola Cabs)

Ankit Bhati was the Co-Founder and Chief Technology Officer of Ola Cabs. Bhati architected Ola's core mobile dispatch engine, real-time tracking algorithms, and scalable payment infrastructure.

ANI Technologies (Ola Cabs): CEO & Leadership History

Full timeline →

Kartik Gupta

Chief Financial Officer

2024 – Present

Leads financial governance, cost restructuring, and EBITDA margin expansion across core Indian mobility operations.

Bhavish Aggarwal

Co-Founder & Chief Executive Officer

2010 – Present

Visionary entrepreneur who built Ola into India's largest domestic mobility platform, pioneered Ola Auto, and directed ecosystem strategy.

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Who Founded ANI Technologies (Ola Cabs)? FAQ

Who founded ANI Technologies (Ola Cabs) and in what year was it established?

ANI Technologies (Ola Cabs) was founded in 2010 by Bhavish Aggarwal, Ankit Bhati in Bengaluru, Karnataka, India.

What was the original founding vision for ANI Technologies (Ola Cabs)?

The founders established ANI Technologies (Ola Cabs) with the objective of solving core inefficiencies in Mobility-as-a-Service (MaaS), On-Demand Ride Hailing, Auto-Rickshaw Aggregation, Urban Transportation & Digital Payments, laying the foundation for its current global scale.

How does ANI Technologies (Ola Cabs) preserve its founding principles today?

Even as ANI Technologies (Ola Cabs) scales to $350M, the organization maintains the founders' commitment to innovation and customer-centric execution.

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Explore ANI Technologies (Ola Cabs)

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Founding Story

Who Founded ANI Technologies (Ola Cabs)? FAQ

Who founded ANI Technologies (Ola Cabs) and in what year was it established?

ANI Technologies (Ola Cabs) was founded in 2010 by Bhavish Aggarwal, Ankit Bhati in Bengaluru, Karnataka, India.

What was the original founding vision for ANI Technologies (Ola Cabs)?

How does ANI Technologies (Ola Cabs) preserve its founding principles today?

Even as ANI Technologies (Ola Cabs) scales to $350M, the organization maintains the founders' commitment to innovation and customer-centric execution.