Few Indian entrepreneurs have built and unbuilt their fortunes so publicly as Bhavish Aggarwal – scion of Ludhiana middle-class, founder of one of India’s largest mobility companies, promoter of an electric vehicle manufacturer that went public and is now on the path to bankruptcy, and serial billionaire who has seen his net worth fluctuate daily depending on how Ola Electric’s shares closed. 

Today, the net worth of Bhavish Aggarwal is estimated to be between $ 1,05 and 1,1 billion (or 9,000-10,400 crore).

In this article, you can find detailed information about the net worth of Bhavish Aggarwal, his early life and education, and his career and business development. Additionally, you’ll learn about Bhavish Aggarwal’s new project Krutrim, as well as general information that answers the most frequently asked questions about this entrepreneur.

Quick Profile Overview

Detail	Information
Full Name	Bhavish Aggarwal
Date of Birth	August 28, 1985
Age (2026)	40 years
Birthplace	Ludhiana, Punjab, India
Education	B.Tech, Computer Engineering, IIT Bombay (2008)
Occupation	Entrepreneur, Founder & CEO
Known For	Co-founder & CEO, Ola; Founder, Ola Electric; Founder, Krutrim AI
Spouse	Rajalakshmi Aggarwal
Children	2
Estimated Net Worth (2026)	Approx. $1.05–1.1 billion (₹9,000–10,400 crore)
Peak Net Worth (2024)	Approx. $2.6 billion (₹21,800 crore)

Who is Bhavish Aggarwal?

Bhavish Aggarwal is an Indian entrepreneur, co-founder and CEO of Ola, one of India’s largest ride-hailing platform companies. Born in Ludhiana, Punjab, he graduated from IIT Bombay in 2008, after taking the JEE examination on his second attempt. 

He worked at Microsoft Research India as a research intern and assistant researcher before launching his own startup called Olacabs in 2010, together with Ankit Bhati – an acquaintance from his college days. 

In 2017, Aggarwal founded Ola Electric to produce two-wheelers, and in April 2023, he launched his third company named Krutrim to develop artificial intelligence (AI) products for the Indian market. Today, Aggarwal is one of the youngest self-made billionaires in India.

Bhavish Aggarwal Net Worth

The net worth of Bhavish Aggarwal is estimated to be between $ 1,05 and 1,1 billion as of mid-2026. According to Forbes real-time billionaire tracking, his wealth in 2026 is more than $ 1,05 billion, down from a peak of $ 2,6 billion in August 2024, when Ola Electric went public. 

His net worth depends almost entirely on his Ola Electric stake, which owns 30 percent of the parent company Ola. If the stock price of Ola Electric rises, Aggarwal’s net worth grows significantly and vice versa. The private company Krutrim, which develops AI products, is currently not reflected in his net worth.

The fluctuations of the entrepreneur’s wealth from year to year are as follows:

Year	Estimated Net Worth	Key Driver
2019	Under $1 billion	Ola Electric valued at $1B after SoftBank investment
2023	Approx. $1.2–1.4 billion	Pre-IPO Ola Electric valuation, early Krutrim launch
August 2024	Approx. $2.6 billion (peak)	Ola Electric IPO listing pop
December 2025	Approx. $650–700 million	Ola Electric stock down ~60% from peak
Mid-2026	Approx. $1.05–1.1 billion	Partial stock recovery, Krutrim turning profitable

The decline in net worth from the peak of $ 2,6 billion in August 2024 to only $ 650-700 million in December 2025 can be explained by the fact that most of Aggarwal’s wealth is tied to the 30 percent stake in Ola Electric, the value of which depends directly on the stock price. 

Since the beginning of 2025, this indicator has turned downwards, reaching a low of $ 650-700 million at the end of the year. However, a partial rebound to $ 1,05-1,1 billion was recorded at the beginning of 2026, as Krutrim started to turn a profit and Aggarwal continued to hold a significant stake in Ola Electric.

Wealth Composition

• Ola Electric shareholding: Aggarwal’s primary asset is the 30 percent stake in Ola Electric, which he owns. This stake comprises the majority of the entrepreneur’s net worth. However, with the recent listing of Ola Electric, Aggarwal’s wealth is now highly volatile and dependent on the stock price and the fortunes of the parent company, Ola.
• Krutrim: The private company Krutrim, which develops AI solutions, is not currently reflected in the entrepreneur’s net worth, but it has the potential to become his most valuable asset. This project is expected to reach a valuation of several billion dollars in the near future.
• Ola: In addition to Ola Electric, Aggarwal owns the ride-hailing company Ola, which competes with Uber. However, it only forms a small part of his net worth.
• Other assets: Bhavish Aggarwal also owns a significant amount of different assets, ranging from startups to residential properties.

Early Life and Education

Bhavish Aggarwal was born on August 28, 1985, in Ludhiana, Punjab. He comes from a Punjabi middle-class family. Information about Aggarwal’s early life and studies is fragmented, as the entrepreneur has remained relatively private about it. 

However, it is known that Aggarwal showed an interest in science and technology from a young age. He appeared to have a desire to achieve academic excellence.

Aggarwal is thought to have received his first degree from the prestigious Indian Institute of Technology (IIT) Bombay, where he graduated from the Computer Engineering department in 2008. 

He took the JEE examination, which determines admission to IITs, on his second attempt. This fact may suggest that Aggarwal was not a natural genius but worked tirelessly to gain entry to IIT Bombay.

Career

Founding Ola and early successes

In 2010, Aggarwal, together with his friend and future business partner Ankit Bhati, founded the ride-hailing startup Olacabs. Aggarwal and Bhati met at IIT Bombay and became friends. Later, the two roommates decided to develop an app that would allow users to book a taxi with just a few taps on their smartphone screens.

The idea seemed promising, and it was realized in Mumbai in 2010, when the two launched the service as a response to their own frustrations with local transport. In 2011, the company raised $ 6.4 million in Series A funding, attracting investors such as Ratan Tata, the chairman of Tata Sons. 

Four years later, in 2015, the company bought its competitor, TaxiForSure, for around $ 200 million. By the end of 2016, Ola had become one of the largest transportation companies in South Asia.

By 2018, Aggarwal had become one of the most successful young entrepreneurs in India, having expanded his company’s services to include food delivery and payments. He joined TIME magazine’s 100 Most Influential People in the World list that year.

Ola Electric: The electric vehicle project

In 2017, Aggarwal announced the launch of Ola Electric, an electric vehicle (EV) company that will begin to manufacture two-wheelers. In the same year, the company opened what it claimed to be the world’s largest electric scooter factory in Tamil Nadu, with an initial investment of $ 500 million. Ola Electric immediately attracted the attention of investors, including Softbank Group.

However, the company’s reputation suffered somewhat in early 2022, when online videos of Ola scooters catching fire began circulating. Nevertheless, the company did not slow down and, in August 2024, its parent company Ola was listed on the stock exchange. According to the Bloomberg Billionaire Index, Aggarwal’s net worth peaked at $ 2,6 billion at the time of the listing.

Since then, the situation for Ola Electric has begun to change for the worse, as the company has struggled to meet surging demand. The stock price of Aggarwal’s company dropped by more than 60 percent by the end of 2025, and it is now down by more than 70 percent compared to the peak.

Krutrim: Aggarwal’s brainchild

Aggarwal’s latest brainchild, Krutrim, has chosen to carve out a niche for itself in the extremely competitive AI market. According to Reuters, Krutrim will focus on developing large language models (LLMs) for the Indian market. Krishnamurthy Venugopala Tenneti, the co-founder of Krutrim, stated that products made with Indian language at their core failed to resonate with local users when localized.

On January 25, 2024, it was reported that Krutrim raised $ 50 million in its Series A funding round, led by Matrix Partners India, at a valuation of $ 1 billion. This made Krutrim the first Indian AI unicorn and the fastest to achieve this status. Additionally, Aggarwal became a billionaire in 2024 and joined the ranks of the world’s top 300 wealthiest people.

Moreover, in early 2025, it was reported that Aggarwal had personally invested ₹2,000 crore ($230 million) in Krutrim. 

According to him, he intended to invest much more in the AI startup in the following years. In line with the investment, Krutrim announced that it would pivot from its original strategy of building its own chips and foundation models to concentrate on cloud-based AI infrastructure and services.

Thus, in late 2025 and early 2026, Krutrim changed its course, saying it would no longer spend money and time on the development of chips and foundation models. Instead, the company has decided to provide cloud-based AI infrastructure and services to consumers and businesses, including start-ups. 

Personal Life

Bhavish Aggarwal is married to Rajalakshmi Aggarwal, and the couple has two children. The entrepreneur is said to lead a relatively simple personal life, despite his success as a billionaire. 

For instance, Aggarwal once said he did not own a car himself because he preferred Ola services to private transport. However, his public comments may have been a publicity stunt, as he is the co-owner of Ola, India’s largest aggregator.

Awards & Recognition

Awards & Recognition	Timeline
TIME 100 Most Influential People	2018
Forbes 30 Under 30	2018-2026
Forbes India Rich List / Billionaires Ranking	Recurring, 2019–2026
Recognized as one of India’s young billionaires	Ongoing

Products and services

Krutrim announced that it would create large language models (LLMs) for the Indian market. The company believes that existing solutions such as Google Bard and ChatGPT do not fully understand local languages. Aggarwal also stated that most companies tried to make their products more Indian, but they failed.

On January 25, 2024, Krutrim raised $ 50 million in its Series A funding round, led by Matrix Partners India, at a valuation of $ 1 billion. This made Krutrim the first AI unicorn in India and one of the fastest to reach this status.

FAQs

What is the net worth of Bhavish Aggarwal in 2026?

As of mid-2026, the net worth of Bhavish Aggarwal is estimated to be between $ 1,05 and 1,1 billion. In 2026, Aggarwal’s wealth decreased significantly from its peak of $ 2,6 billion in 2024. The main reason for this decrease was a drop in the value of Ola Electric, the parent company and the largest player in India’s electric vehicle market, which owns 30 percent of Aggarwal’s stake.

How did Bhavish Aggarwal become a billionaire?

Bhavish Aggarwal became a billionaire thanks to the success of the Ola and Ola Electric projects. The entrepreneur not only created these companies but also took them to great heights. In 2024, Ola Electric went public, generating wealth for Aggarwal, who owns 30 percent of the company’s shares.

What is the age of Bhavish Aggarwal?

The entrepreneur was born on August 28, 1985, which makes him 40 years old as of 2026.

What college did Bhavish Aggarwal attend?

Aggarwal attended IIT Bombay, where he earned a degree in Computer Engineering in 2008.

What is Krutrim, and what prompted Bhavish Aggarwal to start it?

Krutrim is an artificial intelligence (AI) company, which was founded by Bhavish Aggarwal and Krishnamurthy Venugopala Tenneti in April 2023. The company’s mission is to build AI products that understand India.

Is Bhavish Aggarwal the CEO of Ola?

Yes, currently, Aggarwal is the co-founder and CEO of Ola, as well as the founder of Ola Electric and Krutrim.

Why did the net worth of Bhavish Aggarwal decrease after 2024?

The entrepreneur’s net worth peaked at $ 2,6 billion in August 2024, soon after the initial public offering (IPO) of Ola Electric. After that, the value of the shares of Ola Electric began to decline, and Aggarwal’s net worth decreased accordingly. By the end of 2025, his wealth had fallen to $ 650-700 million, as most of his net worth was tied up in the 30 percent stake in Ola Electric.

What other companies does Bhavish Aggarwal own apart from Ola, Ola Electric, and Krutrim?

Outside of his stakes in Ola, Ola Electric, and Krutrim, Aggarwal has made several investments in various companies. For instance, he has invested in the social platform Virgio, the healthcare company Karkinos Healthcare, and the cocktail bar Obe Cocktails.

Is Bhavish Aggarwal married?

Yes, he is married to Rajalakshmi Aggarwal and has two children with her.

What distinguishes the wealth of Bhavish Aggarwal from that of other billionaires?

The main difference is that most of Aggarwal’s net worth is tied up in the shares of one company, Ola Electric. This has made Aggarwal one of the riskiest billionaires, as his wealth is highly dependent on the fortunes of one business.

Conclusion

Bhavish Aggarwal’s story is a reflection of modern Indian entrepreneurship at its most ambitious — and its most volatile. 

From a computer engineering graduate at IIT Bombay to the founder of three billion-dollar ventures spanning ride-hailing, electric vehicles, and artificial intelligence, his career has consistently bet on transforming large, unglamorous Indian markets rather than chasing safer opportunities. 

His net worth, while headline-grabbing at both its peaks and troughs, tells only part of the story; the more consistent thread through his career has been a willingness to enter capital-intensive, high-risk sectors and rebuild strategy when the first approach doesn’t work — as seen most recently in Krutrim’s pivot from AI chips to profitable cloud services. 

Whether Ola Electric’s stock stabilizes or Krutrim becomes his next major wealth driver, Aggarwal remains one of the entrepreneurs to watch in India’s technology and mobility landscape.