Ola chief Bhavish Aggarwal floats new company, likely to enter AI space

Bhavish Aggarwal, founder and CEO of Ola Cabs and Ola Electric, is getting into a new business. He has floated a new company, and this would possibly be in the artificial intelligence (AI) space, according to two top sources.

This April, Aggarwal registered a new company named Krutrim SI Designs Private Ltd. He and Tenneti Venugopala Krishnamurthy are the only two directors of the new company, which was incorporated on April 5, shows documents sourced from Ministry of Corporate Affairs by business-intelligence site Tofler.

Sources say Aggarwal will soon close funding for the new company from investors.