OLX was founded in 2006 by Fabrice Grinda and Alec Oxenford and is now owned by Naspers. It is one of the world's largest free online classified platforms present in over 100 countries. In India, OLX allows people to easily buy and sell items across 1000+ cities. The co-founders graduated from Princeton and Harvard Business School. OLX aims to increase awareness, market share, and beat competitors through online advertising on platforms like Facebook and Google as well as marketing campaigns. Under CEO Amarjit Batra, OLX India has captured 60% of the online classified market share.