Bhavish Aggarwal Curated
Co-Founder & CEO, Ola Cabs
CURATED BY :
Ola to invest $100 million in mobility startup Vogo
India’s leading cab-hailing service Ola (ANI Technologies Pvt. Ltd) has agreed to invest an additional $100 million in scooter-sharing startup Vogo as part of a new strategic alliance that effectively signals Ola’s entry into the scooter sharing space. Separately, Vogo is also in advanced talks to raise an additional $10-12 million as part of a Series B round from new investors such as Kalaari Capital, and other existing investors, according to three people aware of the developments. That deal is expected to close over the coming days, they added. All the three people requested anonymity as the discussions are confidential.
When and why did you start “Ola”?
Having a well settled job and great pay, how did your family react when you wanted to become an entrepreneur?
How did you identify market needs and requirements, before launching your product?
What is the unique selling prosposition of Ola?
Which factors do you think will impact Ola in the coming years?
What advice would you give to upcoming entrepreneurs?
Did you make any mistakes in your journey of building Ola?
What is the most important aspect that one should consider while hiring talent?
What is the Ola’s company culture like?
What marketing strategy did you choose for your business? How do you change it over time?
How does referral system work for Ola and how does it benefit?
How do you choose your investors?
How did you receive your initial funding?
How do you try to outbeat your competition?
While building a digital company, what according to you is the most important feature of your UX?
When Uber launched in India, how did it feel?
What was your rank in IIT-JEE?
Tell us about your relationship with your co-founder and college mate Ankit Bhati.
How did you two friends think of building a business?
Why did you start with Ola Trips? Why did you thereafter transition to Ola Cabs?
Ola raises Rs 14 crores from Chinese firm
According to a report accessed from business intelligence platform Paper.vc, ANI Technologies Pvt Ltd, the holding company of Ola, on Monday issued series ‘12’ preferential shares to Eternal Yield International Limited. The Chinese company, headquartered at Jinhua city in central Zhejiang province, received 9,684 shares with a face value of Rs 10 each and a premium of Rs 14,593. The total value of the deal is Rs 14.14 crore. Eternal Yield International Limited specialises in supplying electric scooters, gasoline scooters, electric bicycle, and other sports products. Ola, formerly Olacabs, was founded in Jan 2011 by IIT Bombay alumni Bhavish Aggarwal and Ankit Bhati. India’s most popular mobility platform has users across 110 cities with over 800,000 vehicles across cabs, auto-rickshaws, and taxis.
How did you come up with the idea?
When and how did you start OlaCabs?
How did your family react to your decision?
What would be the best time for a start-up?
What was the gap in the market that you identified?
What is your business model?
Which social impact did OlaCabs have?
What was the bottleneck that you were hitting in your early days that you decided to raise capital? How did you go about approaching your first round of investors?
Which advice would you give entrepreneurs when it comes to building budgets?
What are the biggest mistakes that you did?
How did you adjust the organisation structure over the time?
What is the most important aspect when hiring people?
How is the culture at your organization?
How do you make sure the cultural values at your organization sustain?
What does your brand-name stand for?
Which marketing strategy did you choose for your business?
How did the marketing strategy evolve over time?
How do you choose your investor?
Why according to you Lee Fixel chose to invest 5 million dollar in Ola in 2017?
How did you receive your initial funding?
What is your advice for young entrepreneurs when it comes to funding?
How do you stay ahead of your competition?
Can you share some of your early moments of start-up?
What gave you an advantage againts your competitors?
Why did you left your job at Microsoft and build a startup even though you are a CS guy?
What are the challenges you faces and how did you overcome them?
Who did you look up to while working on startup?
How did you convince investors to invest in your idea?
How did you distinguished OlaCabs in the crowded marketplace?
What are some of the things that you would like to advice young entrepreneurs on fund raising?
How did your stay at IITB help you in your entrepreneur adventure?
Do you think india is ready for startup culture?
What is your take on traditional job and entrepreneurship?
What advice would you like to give to the young aspirant?
What was your most defining moment?
How was the initial response of the start up? How did the business start growing?
Tell us about Ola’s Electric Vehicle Mobilility Mission, that raised so much of media attention for you.
What got you going more of our technology domain expertise or a transportation domain expertise?
Did you have all the economy understanding before you embarked on your startup?
What are the new trends that you feel in terms of technology that you can leverage to build out Ola as you go along?
First of all accomplished, how do you think you will continue to grow at the pace that you have?
Do you see the way you are implementing your business model differs in the demographics of the tier 1 cities versus tier 2 and tier 3?
Talking about TFS, you closed some of these cities, what was the reason?
How do you see that you are able to create the sharing economy around Ola?
So are you giving the guarantee that things would be stable between employee and contractors as most of them are depending on this for income?
There is so much of data, so how are you beginning to use this data for yourself and potentially for partners as you go along?
How do you balance running the business and making it more efficient more cost-effective versus all the innovative stills?
Talk us through your partnerships with Mahindra & Mahindra as well as with Tata Nano.
How does the unit economy work in making the city profitable?
The one plus two is something that has come through a partnership, so how do you envision different elements coming together?
What would be the advice you would give to the new entrepreneurs?
What are the big disruptions that Ola has in store for the mobility space?
How can cab aggregator regulations become more sensitive to the needs of the industry?
How was your overall experience in the Global Technology Summit 2016?
What has given you competitive edge over Uber in the Indian market?
What is you vision and what drives you to work harder?
Which OEM’s are you working for innovation of Ola?
How does “Ola Fleet” work and how has it helped you in reducing your cost structue?
Your new innovation “Ola Play”, how does it work?
You shut down Ola Cafe again acquired Food Panda. What made you again venture into this indutry?
Has your acquisition of Food Panda anything to do with your rival’s Uber Eats?
Do you plan to go beyong Indian borders with Ola?
What do you fear the most as an entrepreneur?