Sunday, May 26

OLX India CEO Amarjit Singh Batra To Join Naspers

CEO and founder of Naspers owned- OLX India business, Amarjit Singh Batra, is leaving his company and moving to a new global role within Naspers.

Based in New York City, Amarjit looked after OLX’s development in India and started as the first employee back in 2008 and has worked to build the business from scratch to a 550-strong-team today.

At Olx he is known for his innovative approach, implicit understanding of the consumer needs, and a passion for building business solutions that can solve everyday challenges and make the user experience more friction-free.Batra also led OLX to become the largest classifieds platform in the country commanding 80% market-share of the C2C classifieds business.

Martin Scheepbouwer, global CEO, Olx Group, says in a press release, “I started working with Amar five years back when I joined Naspers, and he has impressed me with his entrepreneurial drive, passion, focus and his ability to deliver on big challenges. India is a huge and diverse market, and the way Olx India has shaped up to become an undisputable leader in the horizontal classifieds space is a testimony to Amar’s vision, strategy, and execution. What I am most pleased with is the strong leadership team and culture that Amar has built at Olx India, which has laid a solid foundation for taking the company to the next level. I take this opportunity to thank him for the great work and support him on his plans to take up a new challenge. While he will move on, his legacy will live on in the brand, team, and the culture he has built.”



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Other than India, OLX is present in other 45 countries; where in India OLX has 75% market-share of the online trade, and mobile phones, where OLX commands 50% market share. Real Estate and Jobs are also categories that he built from a horizontal perspective, giving OLX an underlying advantage in the space.

Amarjit Batra

“The OLX journey has been a very special and fulfilling one. Rarely does one get an opportunity as an entrepreneur and a leader to build a brand like OLX and take it from obscurity to a household name. In the almost nine years that I have spent at OLX, I feel I have done the whole nine yards. In these years OLX has emerged as the number one horizontal marketplace outperforming all direct competitors. On the back of a robust and innovative product, we have delivered our strongest year yet. I started out alone in India for almost 3 years but today I have a team of great leaders who are poised to take the business to even greater heights. I have also spent a lot of time in building a culture that not only keeps the brand mission alive but also makes OLX a great place to work. I feel like I have achieved the mission I took up nine years back, and that the time is opportune to end this leg of the journey and take up a new challenge. Naspers has a wide footprint and several exciting opportunities in emerging markets that I am exploring at the moment.” Amarjit Singh Batra CEO, OLX India, told ET.

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