Ankit Bhati joined IIT Bombay in 2004 for a dual degree in mechanical engineering. He finished it in 2011. Bhavish Aggarwal was in the same batch.
Before Ola he freelanced as a developer and worked with startups. Ola began as Olatrip.com on 3 December 2010, and the cab service launched in January 2011.
As co-founder and chief technology officer he leads the technical side of Ola. A 2017 profile noted that he is rarely seen at events or product launches.
Ola bought TaxiForSure in 2015 and left all international markets in 2024. In 2024 it also rebranded its cab business as Ola Consumer.