Quikr raises $3 mn debt from Trifecta Capital

Vijayakumar Pitchiah

Bengaluru-based online classifieds platform Quikr India has raised $3 million (Rs 20 crore at the current rate exchange rate) ....

25 July, 2019

OLX ropes in former PropTiger executive to drive pre-owned cars marketplace

Tanmay Tiwary

OLX India, the local arm of Naspers-backed online classifieds platform OLX, has signed on former PropTiger  executive Bhaskar ....

15 July, 2019
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After brand revamp, OLX India ropes in Matrix Atlantic exec as marketing chief to spruce up image

Tanmay Tiwary

Almost three months after OLX India announced a new brand identity with the tagline ‘Set Hai’, the online classifieds ....

3 July, 2019

Udemy appoints top OLX executive as India managing director

Payal Ganguly

Online learning marketplace Udemy has appointed the former chief operating officer at classifieds portal OLX, Irwin Anand, as ....

23 April, 2019

OLX and Mettl elevate top executives to strengthen leadership

Payal Ganguly

Online classifieds company OLX has elevated its chief revenue and strategy officer Sushil Kumar to the post of general manager ....

12 March, 2019

OLX acquires online recruitment marketplace Aasaanjobs

Dearton Thomas Hector

Naspers-backed classifieds portal OLX has acquired online hiring marketplace Aasaanjobs Pvt. Ltd for an undisclosed amount, ....

7 January, 2019
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CarDekho parent Girnar Software to raise $100 mn from Sequoia: Report

Binu Paul

Girnar Software Pvt. Ltd, which owns auto portal CarDekho.com, is in the process of raising $100 million (around Rs 700 crore ....

5 December, 2018

Quikr trims FY18 cash burn but loss still exceeds revenue

Dearton Thomas Hector

Bengaluru-based online classifieds firm Quikr India Pvt. Ltd has narrowed its net loss for the financial year through March 2018, ....

21 November, 2018

Just Dial posts 29% jump in net profit for Q2, operating revenue rises 14%

Payal Ganguly

Local search engine company Just Dial Ltd reported a 29% increase in net profit for the July-September quarter while operating ....

30 October, 2018

OLX India FY18 revenue, profit nearly double

Vijayakumar Pitchiah

Online classifieds company OLX India Pvt. Ltd clocked a 93% jump in operating revenue and an even faster rise in net profit for ....

25 October, 2018
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Exclusive: Used-goods marketplace GoZefo pockets $3 mn cheque

Dearton Thomas Hector

GoZefo, an online marketplace for second-hand goods, has raised around Rs 21 crore (close to $3 million) in a fresh round of funding, ....

12 October, 2018

CarDekho parent Girnar Software’s FY18 revenue jumps 40%, loss nearly halves

Dearton Thomas Hector

Jaipur-based Girnar Software Pvt. Ltd, which owns auto portal CarDekho.com, has recorded 40% growth in revenue and a narrower ....

9 October, 2018

CarDekho parent buys YouTube automotive content channel PowerDrift

Binu Paul

Jaipur-based Girnar Software Pvt. Ltd, which owns auto portals CarDekho.com, BikeDekho.com and Gaadi.com, has acquired automotive ....

16 August, 2018

Quikr shrank FY17 losses but burnt over Rs 6 for every Re 1 in net revenue

Anirban Ghoshal

Bengaluru-based online classifieds firm Quikr India Pvt. Ltd has reported a sharply narrower net loss for the year through March ....

19 May, 2018

Can local services marketplace Sulekha's pivot help it turn a profit?

Anand J

Sulekha.com, a digital classifieds platform for local services, expects to post an operating profit for 2017-18 after racking ....

30 March, 2018

Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU

Anand J

South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....

22 March, 2018

Quikr turnover rises but it’s still India’s second-smallest unicorn by revenues

Dearton Thomas Hector

Bengaluru-headquartered online classifieds platform Quikr India Pvt. Ltd posted a 55% rise in turnover for the financial year ....

19 January, 2018

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

Dearton Thomas Hector

E-commerce giant Flipkart's co-founder Sachin Bansal has re-ignited the debate around a "level playing field" for Indian startups, ....

9 February, 2017

You can now sell used goods on Amazon India

Dearton Thomas Hector

Amazon India has introduced peer-to-peer sales of used goods, wherein a user can sell products on its platform by registering ....

3 January, 2017

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

Dearton Thomas Hector

South African media and internet conglomerate Naspers Ltd has hired Ashutosh Sharma from venture capital firm Norwest Venture ....

14 November, 2016

Naspers: Master of consolidation in Indian Internet business

Binu Paul

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst ....

20 October, 2016