OLX India is a leading classifieds platform, with over 100+ million app downloads covering diverse categories such as cars, bikes, real estate, and electronics. Its goal is to extend the lifespan of products, helping users maximize the value of their belongings and promoting responsible consumption for a greener, more sustainable future. It is now part of the CarTrade Tech group, India's largest online auto platform, encompassing renowned brands like CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, and Adroit Auto. Together, these brands offer a comprehensive suite of tools and services, attracting 70 million monthly unique visitors and featuring an impressive 1.4 million listings for auction. Through its recent $5.00M Venture Round investment in May 2009 from Nexus Venture Partners, OLX India continues to strengthen its position in the market. With its high app downloads, diverse product categories, and association with the CarTrade Tech group, OLX India presents a compelling proposition for both users and investors in the advertising and marketing industries. Its strategic partnership and emphasis on sustainability and value creation position it as a promising investment opportunity in the evolving online classified landscape.
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