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The CEO of OLX Autos in Indonesia since August 2019 is Johnny Widodo. [17] OLX Cashmycar, a joint venture between Frontier Cars Group (FCG) and OLX in India, was announced in November 2018. [18] [19] This was offline expansion of OLX online platform. [20] OLX Cashmycar launched its 50th store in February 2019. [21]
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ...
The initiative saw the sale of non-core businesses, Freecharge and Vulcan Express, to dedicate more resources to Snapdeal's e-commerce marketplace, which is its core business. [13] [14] The strategy yielded strong results. From 2017 to 2021, Snapdeal's revenue grew by 74% [15] at its peak, while losses were cut by nearly 95%. [16]
It is the second company from the InMobi group to have become a unicorn, or a startup valued at more than $1 billion. [ 9 ] In June 2022, Glance launched a three-day digital event called Glance LIVE Fest , with Bollywood actor Rajkummar Rao starring in their marketing campaign to promote it.
It is the first start-up to be incubated by IIT Roorkee in its business incubator TIDES. [7] In 2017, Log9 secured its first round of funding led by Gems Partners, a micro venture capital fund, [ 7 ] to establish its own research & development center in Bangalore and tied up with the Indian Institute of Science to build products jointly using ...
(Reuters) - U.S.-Israeli cybersecurity startup Wiz is exploring a potential sale of existing shares at a valuation ranging from $15 billion to $20 billion, Bloomberg News reported on Tuesday.
In April 2018, Ola acquired Ridlr (formerly Traffline), a public transport ticketing app. [17] Later in August 2018, Ola financed Series A funding of the scooter rent startup Vogo, and again in December, invested another $100 million. [18] In 2019, more than 10,000 drivers applied both in online and offline mode, ahead of its launch in London ...
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]