“With Olacabs, we’re trying to bring quality and predictability to car rental services online.” – Bhavish Aggarwal, CEO & Co-founder, Olacabs.
It’s far stated that in the back of every rule, there is a sour experience. At the same time as this is usually actual, there are a few who emerge from a horrific service enjoy with a new business concept. Bhavish Aggarwal, the CEO & co-founder of Olacabs, cracked his on-line car condominium service commercial enterprise idea after a weekend journey on a rented car went amiss.
About Co-founders Profile
Ankit Bhatia and Bhavish Aggarwal, both of them graduated from IITB. Bhavish graduated in Computer Science and Engineering in 2008 and worked with Microsoft studies for two years and left the job in August 2010 to begin Olacabs. Ankit has a twin degree (B.Tech + M.Tech) in Mechanical Engineering from IIT Bombay. He worked for multiple startups (QED42, Makesense and Wilcom) earlier than co-founding Olacabs.
Olacabs- How the Business Plan comes out
(From online interview) Bhavish Aggarwal had once rented a taxi for a weekend experience with pals to Bandipur from Bangalore. The driver turned out to be a cheat. He stopped the car in Mysore en direction to Bandipur and asked to be paid extra than what have been determined earlier. He become so inflexible and unwell mannered that we had to leave him there and keep our adventure by means of bus. This caused the business concept of using technology to provide a better and extra predictable revel in to customers, right from clean on line get admission to cab bookings, exceptional assurances through reviews/rankings and proper records about the car and the driver.
Olacabs– Team and Hiring
In the starting section, they’re a two-member team Ankit is the CTO and handles the technical components, from building the backend platform, constructing the website, scaling servers and so forth. Bhavish the CEO and manage the operator partnerships, sales and operations. And yes, they’re always looking at hiring like- minded and passionate humans for generation and product development roles.
Olacabs – Journey and Expansion:
Olacabs started out working on the end of December 2010. It’s been 6 years of operations now and they’ve got visible a rapid increase in purchaser engagement and response. The maximum popular provider is weekend outstation tour. Many humans, mainly children operating in corporate jobs, take weekend breaks with their buddies and colleagues. Earlier than Olacabs got here into the image, they had a hard time looking to hire a car. They’re very happy with the response and we intend to extend our customer base in more cities.
Why Olacabs and its different from other Car Rental Portals ?
At Olacabs, the purpose is to deliver comfort, price transparency and standardization to clients reserving cab leases and cab services. We offer instant confirmation for cab bookings, both on line or over the phone.
Most of the prevailing portals work as opaque sellers, imparting marked-up prices. Olacabs, then again, has a market method. Olacabs inform customers the charges of various operators in conjunction with what add-ons and capabilities each vehicle has. So, users can examine and eBook the one which fits their desires the first-rate. The fees displayed are also exact fares that a client would get without delay from the operator.
Additionally, maximum cab booking portals are undeniable vanilla websites with price listings. Olacabs approach is to consciousness on the backend interface with cab operators because that would make certain a positive level of quality and predictability with admire to the purchaser experience. We intend to convey all cab operators and all taxis on to a single era platform to allow actual time stock distribution, nationally.