OLX India MD & CEO Amit Kumar Resigns

According to CarTrade Tech, Amit Kumar has resigned from his position as managing director (MD) and chief executive officer (CEO) of Sobek Auto India Private (OLX India). He is looking for new opportunities, and his resignation will take effect on January 31, 2025.

Vinay Sanghi, the chairman of OLX India, and the company's executive group will look after the change in leadership.

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After joining the OLX Group in 2017, Kumar was named MD and CEO in 2024. His retirement comes after CarTrade acquired OLX India's auto division in July 2023 for a sum of Rs 537 crore, or roughly USD 64 million.

About OLX India

OLX India is a classified platform for cars, bikes, real estate, and electronics. It is now part of the CarTrade Tech group, India's largest online auto platform. The group encompasses brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, and Adroit Auto.

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