This will help address the growing requirement of over 60 million urban workforce in India valued at over $1 billion, it added.
"We aim to disrupt the ever growing job market with this portal and further unify our position in the jobs classifieds market in India," he added.
OLX said its jobs category has been growing organically in India over the last couple of years.
It cited a recent study to state that in urban centres alone, over 70 million blue/grey collar job opportunities are available each year, while the workforce stands at 60 million workers annually.
This reflects the significant scope for growth opportunity in the sector, OLX added.