What is Quikr? Quikr Review

Quikr is India's leading online classified information website, with more than 30 million monthly unique users. Its business types include C2C, automobiles, education, home furnishings, and job hunting, covering more than 1,000 cities in India. On the Quikr platform, individual consumers and small businesses can obtain classified information services, buy and sell goods, find jobs, and solve various problems encountered in life and work.

About Quikr

Quikr is a comprehensive classified information website in India. It was founded in 2008 and is headquartered in Bangalore. Quikr provides a free classified advertising website in India, publishing advertisements for cars, jobs, rentals, entertainment, services, pets, courses, etc. It is known as the "Indian version of 58.com".

Quikr online classified information network has a classified directory with more than 13 major categories and 170 minor categories, among which mobile phones, electronic products, cars, real estate and bicycles are the most popular. Currently, Quikr is one of the fastest growing companies in India.

Serve

Quikr provides an online classifieds platform for users to buy or sell goods and services to each other. Other services provided by Quikr include missed call service and instant messaging.

Development History

-Quikr was initially launched in November 2005 as KiJiji India. Kijiji.in is owned by Kijiji International, a subsidiary of eBay.

-In 2008, Mumbai-based venture capitalist Matrix Partners India invested in Kijiji India, which was subsequently separated from Kijiji International and reorganized into an independent company, renamed "Quikr" and jointly owned by Matrix Partners and eBay Inc.

-In March 2010, Quikr received a $6 million Series C investment from Norwest Venture Partners.

-In May 2011, Quikr received $8 million in Series D investment from Nokia Growth Partners, eBay and Norwest Venture Partners.

-In May 2012, Quikr received US$32 million in Series E investment.

-In March 2014, Quikr received a $90 million Series F investment, led by Kinnevik, followed by Matrix Partners, Omidyar Network, Nokia Growth Partners, Norwest Venture Partners, and Warburg Pincus.

-In April 2015, Quikr received a new round of financing of US$150 million from Tiger Fund, a hedge fund of the previous period, Swedish venture capital fund investment company AB Kinnevik and Hong Kong's Steadview CAPItal.

-In May 2016, Quikr acquired home beauty service Salosa.

-In September 2016, Quikr launched the talent discovery platform Dazzlr App to connect outstanding talents around the world.

-On November 22, 2016, Quikr announced that it would acquire local housing rental solution provider GrabHouse and also released a cashless escrow rental solution.

-In May 2017, Quikr acquired home services company Zimmber in an all-stock deal.

-In June 2017, Quikr acquired the blue-collar job search website Babajob Services Pvt. Ltd. Most of the transaction was completed in the form of equity transactions. Quikr hopes to use this to strengthen its competitiveness in the blue-collar job search field.

-In December 2018, Quikr announced a new round of financing: it completed a strategic investment of US$8 million from InnoVen Capital.