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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]
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 company's C2C model employs a proprietary property discovery algorithm , considering commute and livability scores, along with property features.
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.
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 ...
SMEDA was established in October 1998 for encouraging and facilitating the development and growth of small and medium enterprises in the country. [3] SMEDA is not only an SME policy-advisory body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas.
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]
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 ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.