Monday, June 24

Tag: quikr

QuikrCars Acquires Stepni, Adds Vehicle Maintenance Services
ACQUISITION

QuikrCars Acquires Stepni, Adds Vehicle Maintenance Services

Online classifieds platform Quikr today said it has acquired Stepni, a platform that connects vehicle owners with neighbourhood service providers, for an undisclosed amount. The move strengthens Quikrs service offerings under QuikrCars and also opens cross-selling opportunities for QuikrServices, it said in a statement. Stepnis founders and team will join QuikrCars with immediate effect, it added. Since last year, Quikr made several acquisitions. QuikrHomes acquired Realty Exchange (IRX), Realtycompass and CommonFloor and made a strategic investment in A N Virtual Tech. Under QuikrServices, it acquired beauty services companies Salosa and Zapluk, while QuikrJobs acquired Hiree to expand into white collar jobs. Founded by Vinay Singh and Nikhil Nair in October 2015, Stepni ha...
Quikr Acquires on-Demand Beauty and Wellness Services ZapLuk
ACQUISITION

Quikr Acquires on-Demand Beauty and Wellness Services ZapLuk

Online classifieds firm Quikr today said it has acquired ZapLuk, provider of on-demand beauty and wellness services, to scale up its AtHomeDiva business. Under its services vertical, QuikrServices, Quikr will now offer a full range of on-demand home beauty services to consumers in multiple cities including Bengaluru, Delhi, Mumbai, Chennai, Gurgaon and Hyderabad, the company said. This is Quikr's second acquisition in the beauty services segment following Salosa to cater to the fast growth of beauty services requests on QuikrServices, it said in a release here. P D Sundar, Head of QuikrServices, said, "ZapLuk's operational strengths, trained pool of stylists and professionals and highly engaged user base in the Chennai and Hyderabad markets will allow us to expand the reach of our A...
Quikr Acquired Hiree To Step-up in Jobs Market
ACQUISITION

Quikr Acquired Hiree To Step-up in Jobs Market

Quikr, India’s category classifieds business has acquired Hiree, an online hiring platform focused on white collar jobs. Hiree which counts world’s largest IT companies and India’s highest valued startups in its customer list will be merged with its jobs vertical QuikrJobs and will operate out of Quikr HQ. Already a leading recruitment platform for blue, grey collar and entry-level jobs across India, the acquisition will further strengthen QuikrJobs’ offerings to address recruitment needs for the entire spectrum of job categories across industries. The combined entity will create a leading recruitment platform that connects over 4mm active candidates with recruiters across the country. The enhanced product portfolio coupled with Quikr’s pioneering missed call service will make...
Quikr Acquires Beauty Services Provider Salosa
ACQUISITION

Quikr Acquires Beauty Services Provider Salosa

Quikr, India’s No. 1 cross category classifieds business, has acquired Salosa, an on demand in-home beauty services provider. This strategic acquisition is a part of Quikr’s plan to invest Rs.250 crore in its home services vertical, QuikrServices. Salosa which has been a partner to QuikrServices will further strengthen its beauty services offerings with stylists that have undergone a rigorous process of quality & background checks along with required training. In line with Quikr’s verticalization strategy, this investment will enable the company go deeper and faster in key categories under QuikrServices. Founded by Ex- P&G professionals, Piyush Dhanuka and Anurag Nair, Salosa was launched in September 2015, serving customers in Gurgaon and parts of Delhi. Salosa began first as a marketp...
Quikr lost Rs 9 for every Re 1 earned last fiscal
ANALYSIS

Quikr lost Rs 9 for every Re 1 earned last fiscal

One of the top two online classifieds sites in the country, Quikr saw its losses more that double last fiscal as it sought to stretch its lead over Naspers' controlled OLX with turbo charged marketing. Quikr, that counts Warburg Pincus, eBay, Kinnevik, Tiger Global, Falcon Edge, Steadview, Matrix Partners, Omidyar and Norwest Venture Partners among its investors, saw its revenue from operations grow 23.7 per cent to touch Rs 24.78 crore. The firm, however, saw total income rise to Rs 52.5 crore, thanks to 'other income'. At the same time its EBITDA (or operating) loss and net loss more than doubled from around Rs 200 crore to Rs 440 crore. This means for every Re 1 worth of income it generated it lost some Rs 9. Indeed, if one factors out its non-operating revenues, it lost Rs 18 for...
Quikr Launches QuikrServices to Organize the Unorganized
News

Quikr Launches QuikrServices to Organize the Unorganized

Quikr, India’s No. 1 cross category classifieds business, has launched QuikrServices with a special focus on the unorganized sector of service providers across the country. Quikr has been facilitating buying, selling and rentals across 12 categories via its platform, and its new vertical provides easy access to reliable service providers across sub-categories such as home, travel, financial, health, fitness, beauty and event services. QuikrServices addresses customer needs by bridging the gap between the offline local home services ecosystem and online demand for the same. It reduces the time and effort taken to find technicians or experts in a given area through location based results that include verified listings and options to call service providers or request a call-back. The platf...
Quikr launched QuikrJobs for country’s job seekers
News

Quikr launched QuikrJobs for country’s job seekers

Quikr, India’s leading cross-category classifieds platform, today announced its newly launched vertical, QuikrJobs will focus on Blue Collar, Grey Collar and Entry Level Jobs across India. By bridging the gap between recruiters and a large portion of the country’s job seekers that have no access to the internet, QuikrJobs will bring more people to the overall talent pool. Quikr has already been using its own platform to recruit for its call centre operations, sales force and delivery needs. (more…)