OLX

Gurugram, India Founded: 2005 • Age: 21 yrs Acquired By CarTrade
Second-hand multi-category products are listed on an online platform.

About OLX

OLX is a Retail company based in Gurugram (India) founded in 2005 by Amarjit Singh Batra, and was acquired by CarTrade in August 2023. Second-hand multi-category products are listed on an online platform. OLX has raised $13.7 million across 3 funding rounds from investors including CarTrade, Frontier Car Group and FJ Labs. The company has 526 employees. Its chief executive, as recorded, is Amarjit Singh Batra. Its website olx.in draws about 34.8 million monthly visits. Its Indian entity Complifusion Services Private Limited reported revenue of ₹4.41 Cr. OLX offers products and services including Classifieds Platform, Property Listings, and Vehicle Classifieds. Its focus areas include Horizontal E-Commerce, Second Hand, Listings and P2P. Its competitors include Quikr, FreeUp and Khareedo Becho; 2 of its 3 listed competitors have raised funding.

Company details

OLX was founded in 2005 and is headquartered in Gurugram, India. An online listing platform is operated for second-hand items across categories including electronics, vehicles, apartments, pets, services, sports, and furniture. The service is accessible via the domain olx.in, with a mobile application available for Android and iOS devices to facilitate user interactions.

Key Metrics
  • Annual Revenue
    ₹4.41 Cr

    FY 2026 · -42% YoY

  • EBITDA
    ₹1 Lakh

    FY 2026 · 0% margin

  • Total Equity Funding
    $13.7M (USD)

    in 3 rounds

  • Latest Funding Round
    $10M (USD), Series A

    Feb 2019

  • Investors
    CarTrade

    & 8 more

  • Employee Count
    526
  • Acquired by
    CarTrade

    (Aug 2023)

Products & Services of OLX

OLX offers a comprehensive portfolio of products and services, including Classifieds Platform, Property Listings, and Vehicle Classifieds.

Classifieds Platform
Online Marketplace

Service for posting and browsing free classified ads

Property Listings
Real Estate Services

Platform for buying, selling, and renting properties

Vehicle Classifieds
Automotive Services

Section for ads on cars, bikes, and other vehicles

Apps and channels of OLX

OLX publishes 1 mobile app with over 100M+ downloads; its YouTube channel OLX India has 500K subscribers and 30 videos.

OLX: Buy & Sell Near You
Google Play Shopping Everyone Free 100M+ downloads
Developer: Sobek Auto India Private Limited
View on Google Play
OLX India
YouTube 500K subscribers 30 videos Howto & Style
Open channel

Videos from OLX

The most watched videos on OLX's YouTube channel, OLX India (500K subscribers). Click a video to play it here.

Top Tips for Safe Buying on OLX | How to Check Second-Hand Items Before Purchase
742K views
Red Flags to Watch Out for on OLX: Stay Safe While Buying & Selling!
59.9K views
OLX AppStore Video
56.2K views
How to Contact a seller on OLX India
38.7K views

More on OLX India .

Funding Insights of OLX

OLX has successfully raised a total of $13.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $13.7M
  • Total Rounds 3
  • Last Round Series A — $10M
  • Investors Count 8

All 3 funding rounds of OLX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2019$10MSeries A–Frontier Car Group
Jan 2018$3.7MSeed–Intudo Ventures
Jun 2008Seed––
Valuation history

9 investors in total: 8 institutional and 1 angel.

Investors in OLX

OLX has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include CarTrade, Frontier Car Group and FJ Labs.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage tech startups in Indonesia are funded by Intudo Ventures.
intudovc.comJakarta, Indonesia
Early-stage investments are directed toward digital industry startups.
amand.venturesSingapore, Singapore
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States
Official Toyota dealer for vehicle sales, maintenance, and test drives in Indonesia.
1970tunastoyota.comJakarta, Indonesia
Builds & runs C2B marketplaces for used cars in emerging markets
2016frontiercargroup.comBerlin, Germany
Functions as an investment management firm specializing in asset oversight.
2014tasmanfunds.com.auSydney, Australia
Marketing services with digital solutions for real estate are provided.
1995garage.co.jpTokyo, Japan

Michaelangelo Moran

Angel investor and entrepreneur, co-founder of Gozoop, focusing on tech startups
unknown_3347a32037644510a
App-based used cars listing platform
2009cartrade.comMumbai, India
Premium access

Investor details for OLX

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Complifusion Services Private Limited (OLX)

Complifusion Services Private Limited is the primary company behind OLX. The boards of the 2 registered companies of OLX currently have 9 directors; the longest-serving is Gunjan Shukla, appointed in 2020. 29 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gunjan Shukla
DIN 08749879
Director01 Jun 20206 yrs 5 moComplifusion Services Private Limited
Aneesha Menon
DIN 07779195
Director11 Aug 20233 yrs 2 moSobek Auto India Private Limited
Kishori Jayendra Udeshi
DIN 01344073
Director07 Nov 20233 yrsSobek Auto India Private Limited
Varun Vinay Sanghi
DIN 10455474
Director29 Jan 20242 yrs 9 moSobek Auto India Private Limited
Michal Aleksander Trabinski
DIN 10488408
Director09 Feb 20242 yrs 8 moComplifusion Services Private Limited
Vinay Vinod Sanghi
DIN 00309085
Director23 Feb 20242 yrs 8 moSobek Auto India Private Limited
Ravi Mishra
DIN 10701916
Director18 Jul 20242 yrs 3 moComplifusion Services Private Limited
Diya Vinay Sanghi
DIN 10945356
Director25 Apr 20251 yr 6 moSobek Auto India Private Limited
Vinesh Mahabal Kuckian
DIN 10831175
Director17 Sep 20251 yr 1 moSobek Auto India Private Limited

People of OLX

4 people are tracked at OLX (3 in leadership, 1 in team); the tracked headcount is 526.

NameRoleGroup
Founder & Co-CEOLeadership
Amit Kumar
Co-CEO & Managing DirectorLeadership
Gaurav Sirohi
Chief Human Resources OfficerLeadership
Aman Arora
ManagerTeam
Premium access

Complete people profiles for OLX

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of OLX

Figures of Complifusion Services Private Limited, the primary company behind OLX, for FY 2026. Revenue was ₹4.41 Cr (-42% year on year). EBITDA was ₹1 Lakh (0% margin). Revenue has grown at a compounded annual rate of -80% over three years and -55% over five years.

  • ₹4.41 CrRevenue · FY 2026 · -42% YoY
  • ₹1 LakhEBITDA · 0% margin
  • ₹3.13 CrPaid-up capital
  • 302Employees (provident fund records)
  • -80%Revenue CAGR, 3 years
  • -55%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Complifusion Services Private Limited are on its company page.

Premium access

Detailed financial statements for OLX

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of OLX

4 dated milestones of OLX across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded OLX is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $10.0M.
  4. Exit Acquired by CarTrade.

Competitors of OLX

OLX has 3 listed competitors in our database, 2 of them funded. They include Quikr, FreeUp and Khareedo Becho.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
quikr.com2008Bengaluru, India$369.64M136
Online platform for second-hand listings and peer-to-peer transactions
freeup.app2019Bengaluru, India$785,46827
Multi-category second-hand products are offered via an app-based marketplace.
kharedobecho.com2019Gurugram, India
Connects buyers and sellers through an online marketplace for a wide range of goods and services.
Premium access

Detailed competitors of OLX

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of OLX

The website of OLX (olx.in) receives about 34.8M visits a month.

  • Monthly visits
    34.8M

    ▲ 5.7% vs previous month

Similar websites

Websites whose visitors overlap most with OLX. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
quikr.com
100%
1.1M#37,063View details
vivastreet.co.in
65%
#185,181View details
click.in
62%
54.2K#580,375View details
locanto.in
locanto.in
61%
–
cashify.in
58%
15.2M#2,693View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for OLX

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Marketplaces & General E-Commerce

2 companies that operate in the same segment as OLX (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category consumer products are offered via an online marketplace platform.
2007Bengaluru, Karnataka, IndiaUSD 12.12 BUSD 9.83 B18,938
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 639.15 M1,031
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Olx

Premium access

Complete news archive for OLX

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about OLX

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

OLX is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Amarjit Singh Batra is the CEO of OLX, as recorded in our data. They have also founded this company.

OLX is a funded company, having raised a total of $13.7M across 3 funding rounds to date.

OLX has 526 employees.

The primary company behind OLX, Complifusion Services Private Limited, reported revenue of ₹4.41 Cr for FY 2026, down 42% year on year.

OLX was founded in 2005 and is headquartered in Gurugram, India. An online listing platform is operated for second-hand items across categories including electronics, vehicles, apartments, pets, services, sports, and furniture. The service is accessible via the domain olx.in, with a mobile application available for Android and iOS devices to facilitate user interactions.

OLX's top competitors include Quikr, FreeUp and Khareedo Becho.

OLX offers Classifieds Platform, Property Listings, and Vehicle Classifieds.

OLX has 9 investors. Key investors include CarTrade, Frontier Car Group, FJ Labs, Digital Garage, and Tunas Toyota.

OLX is associated with 2 legal entities: Complifusion Services Private Limited, Sobek Auto India Private Limited.

Yes. OLX was acquired by CarTrade in August 2023.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available