Tag: india


Demonetization to hit autos, property in India

Demonetization to hit autos, property in India

The Indian government’s unexpected move to "demonetize" (take Rs 500 and Rs 1,000 notes out of circulation), with the aim to "weed out black money from the economy", will cause sales of autos and property (and their prices) to dip sharply in the short-term, warned industry experts. Real estate and auto sites won't escape this negative development unscathed.

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OLX opens office in Lahore as paid listings draw closer

OLX opens office in Lahore as paid listings draw closer

Naspers-owned OLX Pakistan (OLX.com.pk) has finally opened its office in Pakistan after six years of running a virtual operation in the country. The move generated expectations that the next move might be a monetization step.

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EBay India cuts a third of its staff

EBay India cuts a third of its staff

After losing out the race for a worthy piece of the Indian e-commerce pie to the likes of Amazon, Flipkart and Snapdeal, EBay India, one of the earliest entrants into the space, now retrenched another 100 employees at its Bengaluru development center.

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BookMyTime buys ServiceMyCar in India

BookMyTime buys ServiceMyCar in India

BookMyTime, a mobile, auto-buying and -servicing app, acquired auto-management start-up ServiceMyCar, according to a statement issued by the buying company.

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IIMJobs raises $2 million as seed money

IIMJobs raises $2 million as seed money

IIMJobs, a job site for mid-to-senior level managers, raised nearly $2 million U.S. in a Series A funding round led by India Quotient, Tracxn Labs, Calcutta Angels and a few other investors, reported Economic Times.

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OLX India promotes new app in TV campaign

OLX India promotes new app in TV campaign

In the last week of October we reported on the new-generation app released by OLX in India. Now OLX India rolled out a TV campaign in seven, regional languages to promote the features of the new app.

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