Amarjit singh Batra , CEO and founder of the OLX india , moving to a new role within Naspers for his new adventure.
2008 was the year when Amar joined OLX India as the first employee of the company. He built OLX from scratch to a company of 550-strong-team today.
Batra pioneered the consumer-to-consumer(C2C) classified business in India but also led OLX to become the largest classifieds platform in the country commanding 80% market-share of the C2C classified business.
There are some other key categories that thrived under his leadership were that of pre-owned motorcycles, where OLX has 75% market-share of the online trade, and mobile phones, where OLX commands 50% market share. Real Estate and Jobs are also categories that he built underlying advantage in the space.
Amarjit Singh Batra CEO, OLX India, said
The OLX journey has been a very special and fulfilling one. Rarely does one get an opportunity as an entrepreneur and a leader to build a brand like OLX and take it from obscruity to a household name. In the almost nine years that I have spent at OLX, I feel I have done the whole nine yards. In these years OLX has emerged as the number one horizontal marketplace outperforming all direct competitors.
On the back of a robust and innovative product, we have delivered our strongest year yet. I started out alone in India for almost 3 years but today I have a team of great leaders who are poised to take business to even greater heights. I have also spent a lot of time in building a culture that not only keeps the brand mission alive but also makes OLX a great place to work. I feel like I have achieved the mission I took up nine years back, and that the time is opportune to end this leg of the journey and take up a new challenge. Nasper has a wide footprint and several exciting opportunities in emerging markets that I am exploring at the moment.