India: Ola to start making profits in two years, says Bhavish Aggarwal

India: Ola to start making profits in two years, says Bhavish Aggarwal

Bhavish Aggarwal, CEO and co-founder of Ola, an app-based cab service provider, poses in front of an Ola cab in Mumbai March 3, 2015. REUTERS/Shailesh Andrade/File Photo

Despite stringent competition, home-grown cab hailing firm Ola is steadily gaining market share and expects to be profitable in two years, claimed Bhavish Aggarwal, chief executive officer of ANI Technologoies Pvt. Ltd, which owns Ola, at an event on Friday.

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