When was OLX founded?

OLX was founded in 2005 and raised its 1st funding round 3 years after it was founded.

Where is OLX located?

OLX is headquartered in Gurugram, India. It is registered at TR-175, First Floor, Altf Orchid Business Park, Central Park II, Sector 48, Gurugram, Narsinghpur, Gurgaon, Narsinghpur, Haryana, India, 122004.

How many employees does OLX have?

As of Oct 31, 2024, the latest employee count at OLX is 217.

Is OLX a funded company?

OLX is a funded company, having raised a total of $13.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2008.

How much is OLX worth?

The last known valuation of OLX was $***** as of Aug 23, 2023.

When was the latest funding round of OLX?

OLX's latest funding was a $***** Series A round on Feb 12, 2019, with participation from 2 investors.

What is the annual revenue of OLX?

Annual revenue of OLX is £6.73M as on Jun 30, 2024.

Where does OLX rank among its competitors?

OLX ranks 2nd amongst 75 active competitors, of which 6 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Carousell, which secured $2.8M in Sep, 2023.

Who are the top competitors of OLX?

OLX's top competitors include Carousell, Quikr and 58City. Among them, Carousell secured the most recent funding round in September, 2023.

OLX - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is OLX an acquired company?

OLX got acquired by CarTrade on Aug 23, 2023.

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
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

2005

Location

Gurugram, India

Stage

Acquired

Total Funding

$13.7M in 3 rounds

Latest Funding Round

Series A, Feb 12, 2019, $*****

Last Known Valuation

$***** as on Aug 23, 2023

Investors

Frontier Car Group & 10 more

Ranked

2^nd among 75 active competitors

Annual Revenue

£6.73M as on Jun 30, 2024

Employee Count

217 as on Oct 31, 2024

Similar Companies

Wallapop & 1031 more

Exit Details

Acquired by CarTrade (Aug 23, 2023)

View OLX's full profile

OLX is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
BUYING & SELLING ONLINE LTD CIN: 14426392 , United Kingdom, Active	Oct 17, 2022	$15K (As on Oct 31, 2024)	1 (As on Oct 31, 2024)
OLX Trade s.r.o. CIN: 06829228 , Czech Republic, Active	Feb 02, 2018	-	-
COMPLIFUSION SERVICES PRIVATE LIMITED CIN: U74900HR2009PTC053732 , India, Active	May 22, 2009	$0 (As on Mar 31, 2025)	1 (As on Sep 01, 2024)
SALE TO SELL LIMITED CIN: 13437362 , United Kingdom, Active	Jun 02, 2021	$8.47M (As on Jun 30, 2024)	12 (As on Jun 30, 2024)
SOBEK AUTO INDIA PRIVATE LIMITED CIN: U50500HR2018FTC076698 , India, Active	Oct 30, 2018	$23.7M (As on Mar 31, 2025)	287 (As on Aug 31, 2025)

OLX got acquired by CarTrade on Aug 23, 2023 at an acquisition amount of $64.5M.

Click here to take a look at OLX's acquisition in detail

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	6277305	Series A	2354129	9589744	3628584	3051316
Jan 22, 2018	1975763	Seed	1896895	9095391	6226595	Amand Ventures & 3 more
2008	2982	Seed	7420	7766	9029	FJ Labs

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View details of OLX's funding rounds and investors

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
Gunjan Shukla	Independent board member	-	Current	5y 8m
at{cexw	Independent board member	-	Current	4y 5m
aiphwce	Independent board member	-	Current	7y 2m
kdqdjit	Independent board member	-	Current	3y 9m
zsapvsw	Independent board member	-	Current	2y 5m

OLX's employee count trend

OLX has 217 employees as of Oct 24. The total employee count is 64.0% lower than what it was in Oct 23. Here is OLX's employee count trend over the years:

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Top competitors of OLX include Carousell, Quikr and 58City. 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	Carousell 2012, Singapore (Singapore), Series E	Online marketplace platform offering multi-category second-hand products	$376M	Rakuten, STIC Investments & 20 others	83/100
2nd	OLX 2005, Gurugram (India), Acquired	Online listing platform offering second-hand multi-category products	$13.7M	Prosus, Digital Garage & 9 others	65/100
3rd	Quikr 2008, Bengaluru (India), Series H	Online platform for second-hand listings and peer-to-peer transactions	$370M	Warburg Pincus, Steadview & 22 others	60/100
4th	58City 2005, Beijing (China), Acquired	Online second-hand listing platform offering multi-category products and services	$141M	Warburg Pincus, Access Industries & 12 others	55/100
5th	Craigslist 1995, San Francisco (United States), Late Stage	Network providing classified advertisements and forums for various categories and needs	-	eBay	47/100
6th	FreeUp 2021, Bengaluru (India), Series A	Marketplace for circular commerce	$785K	Accel, Elevation Capital & 1 others	44/100
7th	Hobbyclues.in 2018, Chennai (India), Unfunded	Online classified ads to sell/buy multi-category products	-	-	39/100
8th	Khareedo Becho 2019, Gurugram (India), Unfunded	Online marketplace connecting buyers and sellers of multi-category goods and service providers	-	-	36/100
9th	Quicksellandbuy 2024, Delhi (India), Unfunded	Online marketplace for new and used products at unbeatable prices, facilitating buying and selling transactions between individuals and businesses	-	-	34/100
10th	Kakatiya CLUB 2023, Hyderabad (India), Unfunded	Online listing platform offering a wide range of new and used products and services	-	-	33/100