OLX India revenue rises 123% to ₹400 crore in 2018-19

Online classifieds platform OLX India has posted a 123% rise in its revenue to ₹400 crore in 2018-19 from ₹179 crore in the previous fiscal, as per regulatory filings. The platform, owned by South African conglomerate Naspers, also witnessed nearly 49% year-on-year growth in its profit to ₹23.2 crore. It has been profitable for the last three fiscal years.