Words matter. These are the best Bhavish Aggarwal Quotes, and they’re great for sharing with your friends.
We have built many of our systems with maps as the foundation. We are seeing that a lot of intelligent businesses are doing the same.
We are building towards the future where people need not own their own cars.
All things can be done by every company in the world. Apple builds a phone, and so does Samsung. It’s not about being different but about being better at what you do.
Instead of letting the driver-base grow organically , we are setting up driver-training schools across different districts in the country.
Location-based services are here to stay, as it focuses on high relevance and contextual offering to the end user. This means a user sees what he needs with immediate sense and meaning to him.
As entrepreneurs, we sometimes do not understand the complexities of running a government.
There is a glass ceiling for the Indian startups. If I want to meet the PM, it won’t be as easy as a foreign guy coming to India. I understand that dynamic, and we need to make sure government sees us as major contributors to society, which is not full there.
I think we are a company that thrives on a good challenge.
Global companies can raise capital much easier than local Indian companies can because they have access to many more markets than we do, and this ends up distorting competition.
Safety is top priority for us, and all our drivers are fully certified; all of them are checked. Their addresses are checked. Backgrounds are checked. To whatever extent the Indian system makes it possible to check.
As far as Ola is concerned, we are focused and determined to build a business that can sustain and be impactful.
I learnt early that always being analytical is important for a business. Being analytical as an attitude is more important than just having the aptitude.
We will always work on technologies that are required in our market, which is India.
As an entrepreneur, I am focused on my business.
In so many ways, our business is very, very unique. For example, in India, people pay with cash, and we accept cash from day one. And a lot of people in India pay with cash. And that’s part of our business model.
Millions of Indians undertake their daily commute in our cities using their own vehicles, cabs, or other modes of personal transportation. With Shuttle, we intend to create a comfortable and reliable commute experience for them at the tap of a button on their smartphones.
Maps help us in tracking our cabs – if they’re idle, headed for a booking, or in the midst of a trip. With custom systems built atop maps using available APIs, we are able to manage our inventory extremely well, predict ETAs for customers, and optimally allocate the nearest cab to a booking request.
Our focus is on the customers and improving their experience. We believe that if we do that well, competition, prices, and profits will all take care of themselves.
I don’t have a car and have decided never to own one.
In 10 years of being together – 6 while dating and 4 in marriage – my wife has never once complained about my physical or mental absence in our relationship.
Our first 100 rides took us one-and-a-half years from the time we started in January 2011. It was only after that we started scaling up rapidly.
When I explained my business model to my family, they asked if I was going to open a travel agency.
If we launch a new product, we have to time it right. It’s not about how soon you can do it but how well we can do it.
Challenges keep evolving as you move into different stages. When you are at a prototype stage, it’s about getting that sustenance money. Then, talent becomes an issue; your early hires are difficult to get when you aren’t too big. Later, it’s about handling growth; then, you have competition.
If we want, we can be profitable, but we are focusing on growth. We don’t comment on profitability, but we do look at it internally. And many of our Ola cities are profitable. But our focus across all cities is growth.
I got to travel a lot and meet amazing people. That was a lot of fun.
I don’t think of competition as much as journalists think I do. Our strategy has been very different from Uber. We are very focused on building as per the Indian dynamics.
Compared to Uber, we have a much local business model. We allow the customers to pay in cash as well as use our prepaid wallet. We allow them to book through call centres and pre-book for future travels.
We are very excited about launching Ola in Australia and see immense potential for the ride-sharing ecosystem in a country which embraces new technology and innovation.
I fully agree with innovation and letting the best product win.
Focus on solving real problems and not on making money. There will be enough takers for your solutions. You will help make lives of some people better, and money will follow.
In Mumbai, even Bollywood stars use autos when they are in a hurry.
Entrepreneurs are not driven by fear; they are driven by the idea to create impact.
