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Posts Tagged ‘ OLX ’

Flipkart’s Sachin Bansal reiterates stand on ‘level playing field’ for local cos

Thursday, February 9, 2017 | More »

E-commerce giant Flipkart’s co-founder Sachin Bansal has re-ignited the debate around a “level playing field” for Indian startups, saying it is essential to ensure that local companies don’t get “prematurely killed” by foreign competition. “Indian companies can and they...


You can now sell used goods on Amazon India

Amazon India has introduced peer-to-peer sales of used goods, wherein a user can sell products on its platform by registering as an individual seller. The pilot is currently operational in Bengaluru. The programme, called ‘pick-pack-and-pay’, comes after Amazon introduced the sales of us...

3 January, 2017 | More »


Internet firm Naspers sets up India office for investments, M&As

South African media and internet conglomerate Naspers Ltd has hired Ashutosh Sharma from venture capital firm Norwest Venture Partners (NVP) to head its investment arm in India. Sharma has been appointed as India head –  investments and M&A at Naspers Ventures, according to his LinkedIn p...

14 November, 2016 | More »


Naspers: Master of consolidation in Indian Internet business

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst of innovation backed by venture capital money. If the roughly decade-old history of Indian Internet industry is scanned, the real take-off with consumer adoption started only ...

20 October, 2016 | More »


Online classifieds to be dominated by e-services, real estate, auto: Google-KPMG report

E-services, real estate, and automobiles will be the key growth areas in the digital classifieds industry, according to a joint report by Google and KPMG, released on Wednesday. The report ‘Digital Classified in India 2020’ projects that the online classifieds industry will grow three-ti...

21 September, 2016 | More »


Exclusive: Naspers floats Stradia through OLX to re-enter Indian online used car space

Less than two years after selling second-hand cars business Gaadi.com to Google Capital-backed CarDekho, South African internet and digital media firm Naspers has re-entered the used car business in the country. It has floated Stradia.in under its multi-country classifieds venture OLX. The move seem...

23 July, 2016 | More »


Exclusive: BCCL’s Brand Capital picks stake in two Indian tech unicorns

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has picked a small stake in two Indian technology ‘unicorns’ through its ad-for-equity investment arm Brand Capital, expanding its exposure to digital business beyond its in-house arm Times Internet. For full report click here...

2 May, 2016 | More »


OLX India now derives more than half of its searches through mobile

Naspers-backed online free local classified site OLX is now getting over half of its users search query from the mobile up from around 45 per cent as of March this year, according to its chief executive Amarjeet Batra. The firm claims to have crossed half a billion page views last month. Releasing i...

27 August, 2013 | More »


Why Olx quietly killed paid listing on its site

Online free local classified site Olx.in has quietly stopped its premium listings service, one of the two channels of revenues besides advertisements. Citing low levels of market maturity as the main reason, Amarjit Singh Batra, CEO of Olx India, said the company would bring it back once it feels t...

8 March, 2013 | More »


Nexus Ventures-backed online video management startup Kaltura raises $25M

Open Office-based online video platform Kaltura Inc, has raised $25 million in Series D from Mitsui Global Investment and Orix Ventures, with participation from existing investors Intel Capital, 406 Ventures, Avalon Ventures and India-based Nexus Venture Partners. The New York-based startup, which h...

20 November, 2012 | More »

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