Olx - About the company
Olx is an acquired company based in Hoofddorp (Netherlands), founded in 2006 by Fabrice Grinda, Alec Oxenford and Alejandro Carlos. It operates as an International online classifieds. Olx has raised $28.5M in funding. The company has 120 active competitors, including 15 funded and 10 that have exited. Its top competitors include companies like Mercari, Uniswap and OfferUp.
Company Details
OLX is an online classifieds platform that enables its users to create ads and displays them on social networks.The platform enables its users to design ads with pictures and videos; control their selling, buying, and community activities in My OLX; display their ads on social networking profiles; access the site from their mobile phones, and view OLX accounts in their local languages.The company offers its services in the United States and internationally. As of August 4, 2010, OLX operates as a subsidiary of Myriad International Holdings B.V.
- Website
- olx.com
- Social
- Email ID
- *****@olx.in
- 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
Hoofddorp, Netherlands
Stage
Acquired
Total Funding
$28.5M in 3 rounds
Latest Funding Round
Ranked
3rd among 120 active competitors
Annual Revenue
₹200Cr as on Mar 31, 2025
Employee Count
230 as on Jun 30, 2024
Exit Details
Acquired by TBC Bank Group (Aug 22, 2025)
Legal entities associated with Olx
Olx is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COMPLIFUSION SERVICES PRIVATE LIMITED CIN: U74900HR2009PTC053732 , India, Active | May 22, 2009 | $0 (As on Mar 31, 2025) | 1 (As on Sep 01, 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's acquisition details
Olx got acquired by TBC Bank Group on Aug 22, 2025.
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Olx's funding and investors
Olx has raised a total funding of $28.5M over 3 rounds. Its first funding round was on Sep 2006. Its latest funding round was a Series B round on May 07, 2009 for $*****. 1 investor participated in its latest round. Olx has 7 institutional investors.
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 |
|---|---|---|---|---|---|---|
May 07, 2009 | 6585422 | Series B | 1659993 | 6540287 | 6767875 | 3164649 |
Apr 11, 2008 | 9724951 | Series B | 3736176 | 6803073 | 2264251 | |
Sep 2006 | 4126808 | Series A | 2421488 | 5304204 | 3833445 |
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Olx's founders and board of directors
Founder? Claim ProfileThe founders of Olx are Fabrice Grinda, Alec Oxenford and Alejandro Carlos. Marcin Urbanczyk is the CEO of Olx.
Here are the details of Olx's key team members:
- Fabrice Grinda: Former Co-Founder of Olx and founder of 5 other companies, including Fabrice Grinda, Aucland.fr and Global Technology Acquisition. They are also an angel investor in 117 startups and serve on the board of 1 company.Contact Info: 1 email address
- Alec Oxenford: Former Co-Founder of Olx and founder of 3 other companies, Fixly, Olx Group and DineroMail. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Alejandro Carlos: Former Co-Founder of Olx. Contact Info: 1 email address
- Marcin Urbanczyk: CEO of Olx. Contact Info: 2 email addresses
View details of Olx's Founder profiles and Board Members
Olx's employee count trend
Olx has 230 employees as of Jun 24. The total employee count is 74.0% lower than what it was in Jun 23. Here is Olx's employee count trend over the years:
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Olx's Competitors and alternates
Top competitors of Olx include Mercari, Uniswap and OfferUp. Here is the list of Top 10 competitors of Olx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online marketplace platform for used multi-category products | $114M | 85/100 | ||
2nd |  Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 80/100 | |
3rd |  Olx 2006, Hoofddorp (Netherlands), Acquired | International online classifieds | $28.5M | 76/100 | |
4th |  OfferUp 2011, Bellevue (United States), Series F | P2P mobile listing platform for household goods | $786M | 75/100 | |
5th |  Karrot 2015, Seoul (South Korea), Series D | Online retailer of used and new goods across multiple categories | $205M | 66/100 | |
6th | Letgo 2015, New York City (United States), Acquired | Online listing platform for multi-category second-hand goods | $975M | 63/100 | |
7th | Online second-hand listing platform offering multi-category products and services | $141M | 55/100 | ||
8th | 5miles 2014, Dallas (United States), Series B | Online listing place for pre-owned products | $45M | 47/100 | |
9th | Craigslist 1995, San Francisco (United States), Late Stage | Network providing classified advertisements and forums for various categories and needs | - | 47/100 | |
10th |  Corotos 2011, Santo Domingo (Dominican Republic), Unfunded | Online marketplace offering second hand multi-category products | - | - | 47/100 |
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Olx's Investments and acquisitions
Olx has made 2 investments in companies including Leggal and Selency. Olx has also acquired 4 companies including Altimus and Sohtec.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 04, 2025 | Investments | 2024 | ||
Jul 06, 2023 | Acquisition | 2009 | Blumenau (Brazil) | |
Mar 14, 2022 | Investments | 2014 | Paris (France) |
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Reports related to Olx
Here is the latest report on Olx's sector:
News related to Olx
Filter this listMedia has covered Olx for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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OLX launches agentive AI solutions to transform home search and car buying at CLAIM AI, in LisbonBusiness Wire•Feb 26, 2026•Olx
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OLX introduces new regulations. Here are the most important changesgospodarka.sos.pl•Nov 30, 2024•Olx
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Allegro, OLX and Amazon withdraw product. Notification already in prosecutor's officegospodarka.sos.pl•Nov 15, 2024•Allegro, Olx, Amazon
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OLX Unveils 2.0 Transformation; Classified Business to take Centre StageAsian News International•May 14, 2024•Olx
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OKX Ventures Partners with Web3 Operating Protocol dappOSGlobeNewswire•Jul 27, 2023•Olx, DappOS, OKX
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CarTrade Tech to acquire OLX India’s auto business for ₹537 crAdda247•Jul 14, 2023•CarTrade Tech, OLX, CarTrade, Olx Group and 3 others
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