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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
Indian multinational online marketplace company
Quikr is an Indian online marketplace and classified advertising company, based in Bangalore , India . Quikr has listings in over 1000 cities in India and in categories such as mobile phones , household goods , cars , real estate , jobs , services and education . It was founded by Pranay Chulet and Jiby Thomas in 2008.[1]
Community members can come to the site to find an apartment to live in, sell their old car, bike , music system, laptop or furniture , promote their small business, find a tuition class or get a break as a model or actor, join a salsa class, get an audience for a local event, buy any item that they might want or have to offer and make new friends while doing all of the above.[2] [3] [4]
History
[ edit ]
Quikr was initially launched as Akshay Mote India in August 1996.[5] Kijiji.in was owned by Kijiji International , an eBay subsidiary.
In 2008, Mumbai based venture capitalist, Matrix Partners India , invested in 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.[6]
Finance
[ edit ]
Quikr is backed by Kinnevik , Matrix Partners India , Omidyar Network , Norwest Venture Partners , Nokia Growth Partners , Warburg Pincus and eBay .[7]
In 2009, Quikr raised ₹ 20 crore.[8] In 2014, Quikr raised about $150 million,[9]
of which it raised a $60 million[10] [11]
investment in a round led by Tiger Global with participation from several existing investors and raised $90 million[12]
in investment in a round led by Kinnevik.[13] [14]
As of 2014, Quikr had raised a total of $350 million from 7 funding rounds.[15]
Partnerships and acquisitions
[ edit ]
Pepperfry has partnered with Quikr.[16]
In January 2016, Quikr announced it had acquired the real estate portal commonfloor.com and would be merging it with its real estate division QuikrHomes.[17] As of December 2017, Quikr had completed 5 acquisitions for its real estate business.[18]
In July 2016, Quikr acquired the recruitment tech startup Hiree.com.[19]
In 2017, HDFC announced the sale of its subsidiaries HDFC Realty and HDFC Developers to Quikr India in an all stock deal that will give HDFC a 3 per cent stake in Quikr India in lieu of the sale of its stake in the two subsidiaries for Rs 357 crore.[20]
Features
[ edit ]
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,[21] and instant messaging .[22]
References
[ edit ]
^ Bhushan, Kul (30 November 2012). "Quikr co-founder Jiby Thomas quits company to start new internet venture" . Techcircle.in . Retrieved 4 March 2016 .
^ Bhushan, Kul (13 November 2013). "Property, gadgets, automobiles and jobs most popular on Quikr" (Interview). Digit.in. Retrieved 26 August 2015 .
^ "eBay Inc. & Matrix Partners India Announce New Partnership - Kijiji India to be jointly owned by eBay & Matrix Partners" . Ebay (Press release). Retrieved 4 March 2016 .
^ "Classifieds website Kijiji India is now Quikr.com" . Business Standard . 29 January 2013. Retrieved 6 November 2018 .
^ "About Quikr" . Retrieved 4 March 2016 .
^
Chanchani, Madhav A (30 July 2009). "Quikr Raises Rs 20 Cr In Series-B From Omidyar, Matrix India" . VCCircle . Retrieved 21 June 2010 .
^
Soni, Anusha (12 March 2014). "Quikr raises Rs 550 crore from group of investors led by Swedish investment company Kinnevik" . Business Standard India . The Economic Times. Retrieved 26 August 2015 .
^
Soni, Anusha (14 March 2014). "Quikr founder shows how to take an old idea and make it new" . Business Standard India . Business Standard. Retrieved 26 August 2015 .
^ "Online ads firm Quikr raises Rs 548 crore from foreign investors" . The Times Of India . 12 March 2014. Retrieved 26 August 2015 .
^
"Quikr raises $90 million" . The Hindu . 13 March 2014. Archived from the original on 24 June 2014. Retrieved 26 August 2015 .
^
"Quikr.com raises Rs. 548 cr in private equity" . The Hindu Business Line. 12 March 2014. Archived from the original on 16 June 2014. Retrieved 26 August 2015 .
^
"Swedish firm Kinnevik to invest in Quikr" . The Economic Times. 11 March 2014. Archived from the original on 16 March 2014. Retrieved 26 August 2015 .
^
"Why investors are betting big on Indian e-commerce firms" . Mint. 13 March 2014. Archived from the original on 15 May 2015. Retrieved 26 August 2015 .
^ Srinivasan, Supraja (2018). "Pepperfry partners with Quikr for its furniture exchange program" . The Economic Times . Retrieved 16 January 2018 .
^ "Quikr buys CommonFloor in $200-mn all-stock deal" . 8 January 2016. Retrieved 16 April 2016 .
^ Shukla, Saloni; Srinivasan, Supraja (21 December 2017). "Quikr acquires HDFC's digital, realty units in all stock deal" . The Economic Times . Retrieved 16 January 2018 .
^ "Quikr acquires Hiree to boost job listing" . The Economic Times . Retrieved 30 March 2021 .
^ [1 ] [dead link ]
^ "The business savvy of a "missed call" " . Archived from the original on 16 May 2015. Retrieved 26 August 2015 .
^ "Quikr launches chat service to boost sales" . The Economic Times. Archived from the original on 5 March 2016. Retrieved 26 August 2015 .
External links
[ edit ]
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Quikr&oldid=1220146659 "
C a t e g o r i e s :
● I n f o r m a t i o n t e c h n o l o g y c o m p a n i e s o f B a n g a l o r e
● E B a y
● O n l i n e m a r k e t p l a c e s o f I n d i a
● I n d i a n c o m p a n i e s e s t a b l i s h e d i n 2 0 0 8
● P r i v a t e l y h e l d c o m p a n i e s o f I n d i a
● W a r b u r g P i n c u s c o m p a n i e s
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● U s e d m y d a t e s f r o m N o v e m b e r 2 0 1 8
● U s e I n d i a n E n g l i s h f r o m N o v e m b e r 2 0 1 8
● A l l W i k i p e d i a a r t i c l e s w r i t t e n i n I n d i a n E n g l i s h
● T h i s p a g e w a s l a s t e d i t e d o n 2 2 A p r i l 2 0 2 4 , a t 0 2 : 3 9 ( U T C ) .
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a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
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