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In Kenya in 2016, farmers have reportedly used OLX to sell their produce and livestock, especially chicken and cattle. [25] [26] In late 2016 it launched Tradus as a heavy machinery classifieds site. [27] OLX ceased its operations in Venezuela on September 11, 2018, due to complex political issues and lack of free dealing. [28] [29] [30]
NoBroker's broker-free operation is based on consumer-to-consumer (C2C) marketplace model. [4] Unlike a business-to-consumer (B2C) model where brokers contribute supply and the startup focuses on demand, a C2C approach necessitates the company to handle both supply and demand. [ 5 ]
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 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 ...
National Incubation Center (or NIC), is a Pakistan-based startup incubation program under a public-private partnership with the Ministry of Information Technology and Telecommunication (MoTT), and other entities in Pakistan including the Ignite National Technology Fund.
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 startup piloted in Delhi NCR before reaching other cities in India. [citation needed] After seven years of operations as an online grocery delivery service, [19] Blinkit introduced express grocery delivery in India, by building dark stores across cities. In July 2021, the company reported delivering over 7000 groceries in 15 minutes in ...
[4] [5] Since then, the company has become a large marketplace for buyers and sellers and was named one of "The 7 Most Innovative Startups in Seattle" by Inc. [6] [7] OfferUp was in the Top 50 most downloaded free apps on Apple Appstore and Google Play and has been praised for being more user-friendly to list products on than sites like eBay.