wordpress blog stats
Connect with us

Hi, what are you looking for?

Naspers launches used car platform Stradia in India

cars-cc

South African media group Naspers has launched Stradia.in, a used car portal where users can search by brand, model, price, year, mileage and fuel type across all segments according to a report by VCCircle. The report states that Stradia has been launched under Naspers’ online classifieds portal OLX. We’ve written to OLX for more details and will update this when we hear from them.

Note that in September 2014, the Naspers owned Ibibo Group sold its automobile site Gaadi to CarDekho for about $11 million. It is strange that Naspers has launched Stradia, especially after the Gaadi sale, given that it would have been an add on for Gaadi.

Interestingly, Stradia is available in both English and Hindi and also has Android and iOS apps. A regular whois search reveals that the Stradia India domain is 8 months old and is registered to OLX B.V., Netherlands. The company is also registered to Alejandro Oxenford, the founder of OLX. Sarabjit Sachdeva, former senior product and business manager at OLX, seems to have launched Stradia under the OLX brand as indicated by his LinkedIn profile.

Developments in the online automobile space in India:
– In March, Girnar Software, the parent company of CarDekho, Gaadi and Zigwheels, raised an undisclosed amount of funding from Google Capital and existing investor Hillhouse Capital.
– In April, self drive car rental company Zoomcar launched a Zoomcar Associate Program (ZAP) which let Zoomcar users & other individuals buy one or more vehicles to lease them to Zoomcar and operate on a revenue sharing model.
– In February, Mumbai based Truebil, an online marketplace for used cars, raised Series A funding worth Rs 35 crore (a little over $5 million).
– In the same month, CarTrade, the Mumbai-based auto classifieds website, raised $145 million in a round of funding from multiple investors.
– In January, Flipkart started a pilot in Bangalore where users would be able to book motorbikes and cars online, in partnership with two local dealers.
– In November 2015, Snapdeal launched an automobile platform called Snapdeal Motors that would let users book vehicles online.

Also read:
OLX India elevates Irwin Anand to COO; hires Suresh Krishnan as CFO
Travel Boutique Online acquires equity in Deyor Camps

Advertisement. Scroll to continue reading.

Our Naspers, automobiles and classifieds coverage.

Image Credit: Laitr Keiows under CC BY 3.0

Written By

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

News

By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ