Indore Stock：＂Musk＂ in India： Can a large -scale word still gain 700 million investment？
On the streets of "Silicon Valley" in India, a 37 -year -old man is rewriting the scientific and technological layout of the country at an alarming rate.He is Bhavish Aggarwal, a king of Indian rolls that believe in "martial arts in the world, but is not broken".
"You either act quickly or die."
This oral meditation is not only the creed of Agavar, but also the secret weapon of his business empire.In this era of India’s no shortage, he pushed OLA to India’s most valuable startup throne with rapid speed and innovation.
Picture source x: @bhash
In the media, Agavar was named "India Musk".The ambitious technology of technology is competing for the title of "Iron Man" in the field of science and technology: tram -making, AI, chip, etc. All must be tried.Not only that, his self -confidence and eloquence style that he is exactly like Musk is even more impossible to say.
However, the title of "India Musk" is not so good.
01 Indian town as a counterattack of the questioner
Agaval was born with ordinary people. His parents were civil servants and have been instilled in the concept of "reading and changing destiny" since childhood.
The Indian town did not live up to expectations. With his own efforts, he was admitted to the Indian "Tsinghua University" -Indian Institute of Technology Mumbai with his 23rd results in the country.That’s right, it is the legendary top school prototype in "Three Silly Big Boins Bollywood".Indore Stock
Indian Institute of Technology Mumbai Branch, picture source iitb official website
After graduating, Agavar first became a researcher at the Microsoft India Research Institute for a while.But soon, his restless heart couldn’t hold back.In 2010, a bad taxi experience made him have a bold idea: Why not start a taxi company by himself?
In this way, Ola Cabs was born.This Hindu version of "Didi" not only tough and uber, but also ambiguously extended the tentacles to online payment and takeaway distribution.Agaval seemed to have a chicken blood. Ola has continued to evolve in his hands, and gradually developed from a single taxi platform to a "everything that can be delivered" travel ecosystem.
Agavar and Ola Cabs, Tuyuan Vikas Joshi Blog
In 2017, global environmental awareness rose, and Agavar once again smelled business opportunities: electric vehicles are the future.
As a result, Ola Electric came into being as a business line for Ola Cabs.He aimed at the small eDonkey and the car market and vowed to set off a travel innovation in India.
Agavar trial of his own product, picture source @Bhash
Time is not good, and the popularity of 2020 is like a heavy punch, which caused OLA CABS to lose 95%of their revenue.But Agavar was very optimistic, and he said he saw an opportunity: this is the best time to change the innovation of public travel.He believes that young people in India will also accelerate the use of electric vehicles, which is also one of OLA’s key areas.As a result, Ola Electric was split from Ola Cabs and became an independent plate.
In 2022, Agavar made an amazing decision: he was going to withdraw from Ola Cabs’s daily operations and devoted himself to the major electric vehicle industry in Ola Electric.The Indian version of Musk is redefining Indian travel methods with his business mind.
02 Challenge Musk
In Agavar’s eyes, OLA’s future development position is like Tesla in the United States and BYD in India.
Although Ola is still in the stage of making two rounds of eDonkey, the capital market is still willing to pay for such a wonderful future story.
Ola Electric was just a straight market, and it took $ 733 million overnight.Tesla raised about $ 226 million when the first public fundraising (IPO) in 2010, less than one -third of Ola Electric.Under the dual blessing of the electric vehicle boom and the Indian IPO market, Ola Electric has become the fragrance in the eyes of investors.
In Agavar’s eyes, electric vehicles are not only a transportation, but also the key to saving the Indian city environment.On the crowded streets in India, the travel of electric vehicles is more convenient.He will laid a dense charging network on the Indian land to make electric travel a daily life of every Indian.
User trial Ola Electric, source @Bhash
The Indian media commented: "Agavar’s leadership in OLA is not just providing ride services; it has greatly affected India’s transportation system. His vision has created smooth travel, more employment opportunities and more employment opportunities and employment.Economic opportunities.
Facing the reputation of the media, Agaval himself became the spokesperson of "self -confidence India" in the Modi era.When Tesla announced the temporary Indian investment plan, the Indian Musk said on X without politely: "This is the loss of Tesla, not the loss of India." He seemed to be more happy to be in his backyard with the world.Giant’s wrist.
Picture source x @bhash
In addition, he also let go of his words: "Tesla serves Western, OLA serves other countries." This remark not only reflects his determination with Musk, but also reveals that he looks at himGlobal ambitions.
Similar to Musk, the tentacles of Agavar, a continuous entrepreneur, have already reached multiple fields.The company he founded involved a series of industries from online payment to artificial intelligence.
Last year, Agavar’s artificial intelligence company KRUTRIM (meaning "artificially" in Sanskrit) jumped into India’s first AI unicorns in India with a valuation of $ 1 billion.This achievement itself is noticeable, but for Agavar, this is just the beginning.His ambition is far more than creating a "Indian version of GPT".Jaipur Wealth Management
When searching for Krutrim, you will find its striking promotional slogan: "India’ s Own AI "(India’s own AI).Behind these four words is Agavar’s vision: build a complete AI ecosystem from large language models to supercomputers for India.
KRUTRIM web page screenshot
Not satisfied with the achievements in the field of software, Agavar also released a blockbuster bomb: in 2026, the first Indian self -developed AI chip produced by its OLA will be released.Although the details of the product line are still a mystery, the BODHI series AI chip, SARV-1 cloud-born CPU and OJAS edge AI chip are already in the preparatory stage.
With multiple BUFF superimposed, 37 -year -old Agavar has become a member of the rich club under the 40s of the world and becoming a member of the Bloomberg’s global 500 billionaire list.
The speed and passion of the King of Volume 03
Agavar is a madman who has always stepped on the throttle.In his dictionary, there is no "slow".And this is both his advantage and his Achilles.
His outspoken and enthusiastic support for local manufacturing, like Musk’s possession.This fanaticism made Ola Electric and Ola Cabs rise like rockets, but it also caused him to frequently occur with investors, partners and even employees.
Like Musk, Agavar opened his words without a word, without retaining his point of view.
He had publicly laughed at "Work-Life Balance" is a joke.The ruthless suitor always completes the impossible task in the shortest time and transmits this urgency to every team member.However, netizens did not pay for it, thinking that he was just to squeeze employees to satisfy his wallet.
Reddit netizens commented on Agavar’s remarks
Some employees vomit, Agavar’s high requirements and zero tolerance policies make the working environment nervous as if it will explode at any time.But in the eyes of this "Indian Musk", this sense of urgency is exactly the necessary pain to realize the grand vision.
Agavar’s rushing forward is not targeted.
In 2023, India’s economic growth rate was as high as 7.7%, and the growth rate of GDP for two consecutive years exceeded 7%.The reserve army after the world factory is rising at an amazing speed.In addition, India’s population structure shows a pure triangle: more than half of the population is less than 30 years old, and the average age of the country is only 28 years old.When it was in the quagmire of Korea and Japan, the giant wheel in India was full of vitality and ambitions of young people.
India, New Delhi, YouTube Video Screenshot (@UnSeenWalks)Indore Investment
It was this surging national momentum that made Agavar as if he had a chicken blood.He firmly believes that only with the trend of thunder to promote innovation, Ola Electric can set off a huge wave in the global electric vehicle market.Under his spur, the company not only stabilized the foothold in India, but also aggressively extended an angle to Europe and Southeast Asia.
Professor Nitin Panta of Singapore’s National University pointed out: "He is the Indian version of Musk, arrogant and rude, but these ‘disadvantages’ have not stopped Musk’s success."Varanasi Stock
After all, in India, no one is rolling.
Of course, self -confidence is a good thing.
At the OLA SANKALP event, Agaval was like a proud peacock, showing off Ola Electric: the world’s largest electric two -wheel car manufacturer, the fourth largest electric car company in the world.
However, there is a small word at the bottom of PPT: "exclude India."
Figure source OLA SANKALP event live broadcast
The remarks immediately caused netizens to ridicule, thinking that this was deceiving themselves.Interestingly, the Tesla India Club also made fun of these numbers.
From the financial report, Ola Electric has been in a loss since its birth in 2017.As of the fiscal year of March 2023, the company’s net loss was as high as 14.7 billion rupees (about 1.25 billion yuan).The company that claims to lead the Indian Electric Revolution seems to be more like a black hole burning money.
And on the eve of the IPO, the good -mentioned electric vehicles stopped abruptly. Ola Electric’s latest strategy is to focus on the small eDonkey market.
From this point of view, Agavar wants to be the long road of "India Musk".
[1] Bhavish aggar is the elk of india. Aim. [2] Bhavish Aggarwal: Inspiring Story of Ola Founder. Vikas Joshi.in
[3] COVID-19 Accelerating inNovation in Mobility, says la’s bhavish. The india times.Lucknow Wealth Management
[4] Ola Founder ’s Krutrim Becomes First $ 1 Billion indian ai Startup. Blowerg.
[5] Ola Trolled for calling itset the world ’s 4th larges ev company … if you exclude China. Hindustan times.
[6] SoftBank-Backed Billionaire Doubles Fortune on E-SCOOTER IPO. Bloomberg
[7] Telling Numbers: Over Half of India ’s Population is Still Under Age 30, Slight Dip in Last 5 Years. The Indian Express.
[8] The Method and Madness of Bhavish Aggarwal, CEO of Ola Cabs. Team-BHP.
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