Mitula Group
Now loading.
Please wait.

menu

History

The Mitula Group comprises Mitula Group Limited, and its wholly owned subsidiaries, Mitula Classified S.L. (Mitula Classified), which owns and operates the ‘Mitula’ branded ‘vertical search’ websites, Lokku Limited (Lokku), which owns and operates the ‘Nestoria’ branded ‘vertical search’ websites, and Nuroa Internet S.L. which owns ‘Nuroa’ branded ‘vertical search’ websites.

Mitula Classified was acquired by the Company in April 2015 (in an internal capital restructure transaction) and Lokku Limited was acquired by the Company in May 2015.

Mitula Classified was founded in 2009 by Directors Gonzalo del Pozo and Gonzalo Ortiz and Chief Operations Officer Marcelo Badimon.

Today Mitula Classified owns and operates a network of 38 vertical search websites operating in 14 different languages. These websites operate under the ‘Mitula’ brand.

Nestoria was founded in 2006 by Javier Etxebeste and Ed Freyfogle with the objective of creating compelling digital services that put the consumer first. Today Nestoria owns and operates a network of 12 real estate vertical search websites. These websites operate under the Nestoria, FindProperly, Bilatu and Gartoo brands.

Nuroa is part of Nuroa Internet S.L., a company founded in Barcelona in 2006.

In line with its growth and international expansion strategy, Nuroa has a presence in 18 countries and has more than 5 million visitors per month.

What does ‘vertical search’ functionality provide the Website users?

Vertical search functionality gives users of the websites the ability to search for real estate, automotive, employment, and, in some countries, holiday rental and fashion classifieds listings (each a vertical), from multiple advertisers through a single search query made through a website.

In March 2016, the Mitula Group had aggregated over 255 million classifieds listings, sourced from over 13,000 advertisers.