Supriya Ghosh (Editor)

Quikr

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Type
  
Private

Headquarters
  
Bangalore , India

Area served
  
India

Founded
  
2008

Industry
  
Internet

Number of locations
  
India

Customer service
  
080673 64545

CEO
  
Pranay Chulet (Jul 2009–)

Quikr httpslh4googleusercontentcom4pAYlx8TH8AAA

Key people
  
Pranay Chulet (Co-founder & CEO)

Subsidiaries
  
Commonfloor, Blitzkrieg Technology Private Limited

Founders
  
Pranay Chulet, Jiby Thomas

Profiles

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Quikr is an Indian classified advertising platform. It was founded by Pranay Chulet and Jiby Thomas in 2008, and as of 2013 reported 12 million listings. Headquartered in Bengaluru, Quikr has a listings in over 1,000 cities in India in categories such as mobile phones, household goods, cars, real estate, jobs, services and education.

Contents

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History

Quikr was initially launched as Kijiji India in November 2005. Kijiji.in was owned by Kijiji International, an eBay Inc subsidiary.

In 2008, Mumbai based venture capitalist, Matrix Partners India, invested in the Kijiji India, following which Kijiji India was hived off Kijiji International and restructured as an independent company and re-branded as "Quikr", which was jointly owned by Matrix Partners and eBay Inc.

In January 2016, Quikr announced it had acquired the real estate portal commonfloor.com in a $200 million all-stock deal and will be merging it with its real estate division QuikrHomes.

Finance

Quikr is backed by Kinnevik, Matrix Partners India, Omidyar Network, Norwest Venture Partners, Nokia Growth Partners, Warburg Pincus and eBay Inc.

In 2009, Quikr raised ₹20 crore. In 2014, Quikr raised about $150 million, of which it raised a $60 million investment in a round led by Tiger Global with participation from several existing investors and raised $90 million in investment in a round led by Kinnevik. As of 2014, Quikr had raised a total of $350 million from 7 funding rounds.

Features

Quikr provides an online classified advertising platform for users to buy or sell goods and services from each other. Other services offered include a missed call service, and instant messaging.

References

Quikr Wikipedia