What is Quikr? Quikr Review
Quikr is one of the largest online classified service platforms in India, with more than 30 million monthly unique users. Its business types include C2C, automobile, education, home furnishing, job search and service industries, covering 1,000 cities in India. It is known as the "Indian version of 58.com" in China. Headquartered in Bangalore, founded in 2008, founder PRANAYCHULET, website http://www.quikr.com/ServeOn 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. AcquisitionsIn May 2016, India’s “58 Home Delivery” Quikr Service acquired home beauty service Salosa. In September 2016, Quikr launched the talent discovery platform Dazzlr App to connect outstanding talents from around the world. On November 22, 2016, Indian classified portal Quikr announced that it would acquire local house rental solution provider GrabHouse and also released a cashless escrow rental solution. In May 2017, Indian online portal Quikr acquired home services company Zimmber in an all-stock deal. In June 2017, Indian online classified information website Quikr acquired 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. FinancingIn May 2012, Quikr raised $32 million. In March 2014, Quikr received a new round of investment of US$90 million, led by Kinnevik, followed by Matrix Partners, Omidyar Network, Nokia Growth Partners, Norwest Venture Partners and Warburg Pincus. On April 8, 2015, Tiger Global Management invested US$150 million in Quikr. |
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