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OLX - About the company

OLX is an acquired company based in Gurugram (India), founded in 2006. It operates as an Online listing platform offering second-hand multi-category products. OLX has raised $13.7M in funding from Frontier Car Group and Intudo Ventures, with last known valuation of $*****. The company has 66 active competitors, including 8 funded and 2 that have exited. Its top competitors include companies like Carousell, 58City and Quikr.

Company Details

Online listing platform offering second-hand multi-category products. The product catalog includes electronics, vehicles, apartments, pets, services, sports, furniture, and more. The mobile application is available for Android and iOS users.
Website
olx.in
Social
XFacebook
Email ID
*****@olx.in
Part Of
Registered Address
TR-175, First Floor, Altf Orchid Business Park, Central Park II, Sector 48, Gurugram, Narsinghpur, Gurgaon, Narsinghpur, Haryana, India, 122004
Key Metrics
Founded Year
2006
Location
Gurugram, India
Stage
Acquired
Total Funding
$13.7M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 23, 2023
Ranked
Annual Revenue
£1M - £10M as on Jun 30, 2024
Employee Count
526 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by CarTrade Tech (Aug 23, 2023)

OLX's acquisition details

OLX got acquired by CarTrade Tech on Aug 23, 2023 at an acquisition amount of $*****.
Click here to take a look at OLX's acquisition in detail
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OLX's funding and investors

OLX has raised a total funding of $13.7M over 3 rounds. Its first funding round was on 2008. Its latest funding round was a Series A round on Feb 12, 2019 for $*****. 2 investors participated in its latest round. OLX has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of OLX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 12, 2019
1921338
Series A
5467795
9514112
9856376
5140871
Jan 22, 2018
1762648
Seed
6459484
1785878
5053510
2008
1556
Seed
9709
3232
4224
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OLX's founders and board of directors

Founder? Claim Profile

OLX's Board of Directors

OLX's board has 5 active members. Gunjan Shukla, Ravi Mishra, Michal Aleksander Trabinski, Aman Yadav and Rahul Punjabi are independent board members.
Here is the list of OLX's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 3m
csdbozl
Independent board member
-
Current
3y 9m
{ife{ib
Independent board member
-
Current
7y 8m
zlevxif
Independent board member
-
Current
1y 8m
ojbgpji
Independent board member
-
Current
3y 2m

OLX's employee count trend

OLX has 526 employees as of Aug 26. Here is OLX's employee count trend over the years:
Employee count trend for OLX
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OLX's Competitors and alternates

Top competitors of OLX include Carousell, 58City and Quikr. Here is the list of Top 10 competitors of OLX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Carousell
Carousell
2012, Singapore (Singapore), Series E
Online marketplace platform offering multi-category second-hand products
$376M
83/100
2nd
Logo for 58City
58City
2005, Beijing (China), Acquired
Online second-hand listing platform offering multi-category products and services
$141M
69/100
3rd
Logo for OLX
OLX
2006, Gurugram (India), Acquired
Online listing platform offering second-hand multi-category products
$13.7M
63/100
4th
Logo for Quikr
Quikr
2008, Bengaluru (India), Series H
Online platform for second-hand listings and peer-to-peer transactions
$370M
61/100
5th
Logo for Craigslist
Craigslist
1995, San Francisco (United States), Late Stage
Network providing classified advertisements and forums for various categories and needs
-
50/100
6th
Logo for DACBY
DACBY
2021, Gurugram (India), Seed
Retailer of pre-owned gaming consoles cameras and various electronic devices
$151K
45/100
7th
Logo for FreeUp
FreeUp
2021, Bengaluru (India), Series A
Marketplace for circular commerce
$785K
44/100
8th
Logo for IPF
IPF
2024, Bengaluru (India), Seed
Operator of a peer to peer marketplace for children products
$375K
38/100
9th
Logo for Vingo
Vingo
2026, Bengaluru (India), Seed
Operator of a marketplace for buying and selling preowned items
$1.2M
38/100
10th
Logo for Khareedo Becho
Khareedo Becho
2019, Gurugram (India), Unfunded
Online marketplace connecting buyers and sellers of multi-category goods and service providers
-
-
36/100
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OLX's Investments and acquisitions

OLX has made no investments or acquisitions yet.

Reports related to OLX

Here is the latest report on OLX's sector:

News related to OLX

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Media has covered OLX for 1 event in last 1 year, It was about partnerships.
•
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