DrusillaSchuster: small correct formatting and added references

2026-03-22T21:22:15Z

small correct formatting and added references

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2021-11-30T17:23:35Z

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{{Short description|Indian online marketplace company}}
{{Use dmy dates|date=November 2018}}
{{Use Indian English|date=November 2018}}
{{Infobox company
| name = Quikr
| logo = Quikr logo.png
| logo_size = 250px
| type = [[Privately held company|Private]]
| founder = [[Pranay Chulet]]
| area_served = India
| key_people = [[Pranay Chulet]] ([[Co-founder]] & [[CEO]])
| industry = {{plainlist|
*[[Marketplace]]
*[[Internet]]
*[[Rental property]]
*[[E-commerce]]}}
| genre =
| products =
| services = {{plainlist|
*[[Classified advertising]]
*[[Employment website|Job portal]]
*[[Second-hand shop]]}}
| revenue = {{Profit}} {{US$|1.5 billion|link=yes}}{{cn|date=August 2021}}
| revenue_year = 2019
| operating_income =
| net_income =
| assets =
| equity =
| owner =
| num_employees = 5000
| parent =
| divisions =
| homepage = {{url|http://www.quikr.com }}
| subsid = {{plainlist|
*[[Commonfloor]]
*Zefo}}
| footnotes =
| intl =
| foundation = {{Start date and age|2008}}
| location_city = [[Bangalore]], [[Karnataka]]
| location_country = India
| location =
| locations = India
}}

'''Quikr''' is an Indian [[online marketplace]] and [[classified advertising]] company, based in [[Bangalore]]. Quikr has listings in over 1000 cities in India in categories such as [[mobile phones]], [[household goods]], [[cars]], [[real estate]], [[job]]s, [[Service (business)|service]]s and [[education]]. It was founded by [[Pranay Chulet]] and Jiby Thomas in 2008.<ref>{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/pepperfry-partners-with-quikr-for-its-furniture-exchange-program/articleshow/62458475.cms|title=Pepperfry partners with Quikr for its furniture exchange program|last=Srinivasan|first=Supraja|date=2018|work=The Economic Times|access-date=2018-01-16}}</ref> Quikr is a free classifieds and [[online marketplace]] that helps users to sell, buy, rent, or discover anything across India.

Community members can come to their 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.<ref name="about-pranay-chulet">{{Cite web|url=http://articles.economictimes.indiatimes.com/2014-03-12/news/48154439_1_kijiji-india-pranay-chulet-quikr|title=Meet Quikr CEO Pranay Chulet, IIT-IIM alumnus, who built India's largest online classifieds co|website=timesofindia-economictimes|access-date=2016-03-04|archive-url=https://web.archive.org/web/20160307202606/http://articles.economictimes.indiatimes.com/2014-03-12/news/48154439_1_kijiji-india-pranay-chulet-quikr|archive-date=7 March 2016|url-status=dead|df=dmy-all}}</ref><ref name="jiby-thomas-quits">{{Cite web|url=http://techcircle.vccircle.com/2012/11/30/quikr-co-founder-jiby-thomas-quits-company-to-start-new-internet-venture/|title=Quikr co-founder Jiby Thomas quits company to start new internet venture|author= Kul Bhushan|date=30 Nov 2012|website=Techcircle.in|language=en-US|access-date=2016-03-04}}</ref><ref name="DigitInt">{{Cite interview|url=http://www.digit.in/internet/interview-property-gadgets-automobiles-and-jobs-most-popular-on-quikr-18407.html/|title=Property, gadgets, automobiles and jobs most popular on Quikr|author= Kul Bhushan|date=2013-11-13|publisher=Digit.in|access-date=2015-08-26}}</ref>

== History ==
Quikr was initially launched as [[Kijiji]] [[India]] in November 2005.<ref>{{Cite press release|url=http://pages.ebay.in/community/aboutebay/news/pressreleases/corporate/kijiji_india_jointly_owned.html|title=eBay Inc. & Matrix Partners India Announce New Partnership - Kijiji India to be jointly owned by eBay & Matrix Partners| website = Ebay|access-date=2016-03-04}}</ref> Kijiji.in was owned by [[Kijiji|Kijiji International]], an [[EBay|eBay Inc]] subsidiary.

In 2008, Mumbai based venture capitalist, [[Matrix Partners|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.<ref>{{Cite news|url=https://www.business-standard.com/article/press-releases/classifieds-website-kijiji-india-is-now-quikr-com-108062501077_1.html|title=Classifieds website Kijiji India is now Quikr.com|date=29 January 2013|newspaper=Business Standard|access-date=6 November 2018}}</ref>

==Finance==
Quikr is backed by [[Investment AB Kinnevik|Kinnevik]], [[Matrix Partners|Matrix Partners India]], [[Omidyar Network]], [[Norwest Venture Partners]], [[Nokia Growth Partners]], [[Warburg Pincus]] and [[eBay Inc]].<ref name="aboutPage">{{Cite web|url=http://www.quikr.com/html/about.php|title=About Quikr|access-date=2016-03-04}}</ref>

In 2009, Quikr raised {{ currency| 20|INR}} crore.<ref>
{{Cite web|url=https://www.vccircle.com/quikr-raises-rs-20-cr-series-b-omidyar-matrix-india/ |title=Quikr Raises Rs 20 Cr In Series-B From Omidyar, Matrix India |website=VCCircle |date=2009-07-30 |first=Madhav A |last=Chanchani |access-date=2010-06-21}}</ref> In 2014, Quikr raised about $150 million,<ref>
{{Cite web|url= http://www.business-standard.com/article/companies/indiamart-prepares-for-likely-ipo-next-fiscal-114073101446_1.html |title=Quikr raises Rs 550 crore from group of investors led by Swedish investment company Kinnevik |publisher=The Economic Times|date=2014-03-12 |access-date=2015-08-26}}</ref>
of which it raised a $60 million<ref>
{{Cite web|url= http://www.business-standard.com/article/companies/newsmaker-pranay-chulet-114031301327_1.html/ |title=Quikr founder shows how to take an old idea and make it new |publisher=Business Standard|date=2014-03-14 |access-date=2015-08-26}}</ref><ref>{{Cite web|url= http://timesofindia.indiatimes.com/tech/tech-news/Online-ads-firm-Quikr-raises-Rs-548-crore-from-foreign-investors/articleshow/31867840.cms?/ |title=Online ads firm Quikr raises Rs 548 crore from foreign investors |work=The Times Of India|date=2014-03-12 |access-date=2015-08-26}}</ref>
investment in a round led by [[Tiger Global]] with participation from several existing investors and raised $90 million<ref>
{{Cite web |url=http://www.thehindu.com/business/Industry/quikr-raises-90-million/article5777666.ece |title=Quikr raises $90 million |work=The Hindu |date=2014-03-13 |access-date=2015-08-26 |url-status=live |archive-url=https://web.archive.org/web/20140624211722/http://www.thehindu.com/business/Industry/quikr-raises-90-million/article5777666.ece |archive-date=24 June 2014 }}</ref>
in investment in a round led by Kinnevik.<ref>
{{Cite web|url=http://www.thehindubusinessline.com/companies/quikrcom-raises-rs-548-cr-in-private-equity/article5776351.ece |title=Quikr.com raises Rs. 548 cr in private equity |publisher=The Hindu Business Line |date=2014-03-12 |access-date=2015-08-26 |url-status=live |archive-url=https://web.archive.org/web/20140616005533/http://www.thehindubusinessline.com/companies/quikrcom-raises-rs-548-cr-in-private-equity/article5776351.ece |archive-date=16 June 2014 }}</ref><ref>
{{Cite web|url=http://economictimes.indiatimes.com/et-now/corporate/swedish-firm-kinnevik-to-invest-in-quikr/videoshow/31852579.cms |title=Swedish firm Kinnevik to invest in Quikr |publisher=The Economic Times |date=2014-03-11 |access-date=2015-08-26 |url-status=live |archive-url=https://web.archive.org/web/20140316005303/http://economictimes.indiatimes.com/et-now/corporate/swedish-firm-kinnevik-to-invest-in-quikr/videoshow/31852579.cms |archive-date=16 March 2014 }}</ref>
As of 2014, Quikr had raised a total of $350 million from 7 funding rounds.<ref>
{{Cite web|url=http://www.livemint.com/Industry/p5bKwMUdBOOkAjwxTVsWZP/Why-investors-are-betting-big-on-Indian-ecommerce-firms.html|title=Why investors are betting big on Indian e-commerce firms |publisher=Mint |date=2014-03-13 |access-date=2015-08-26 |url-status=live |archive-url=https://web.archive.org/web/20150515080752/http://www.livemint.com/Industry/p5bKwMUdBOOkAjwxTVsWZP/Why-investors-are-betting-big-on-Indian-ecommerce-firms.html |archive-date=15 May 2015 }}</ref>

== Partnerships and acquisitions ==
Pepperfry has partnered with Quikr.<ref>{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/pepperfry-partners-with-quikr-for-its-furniture-exchange-program/articleshow/62458475.cms|title=Pepperfry partners with Quikr for its furniture exchange program|last=Srinivasan|first=Supraja|date=2018|work=The Economic Times|access-date=2018-01-16}}</ref>

In January 2016, Quikr announced it had acquired the real estate portal [[commonfloor.com]] and will be merging it with its real estate division QuikrHomes.<ref>{{cite news|url=http://www.business-standard.com/article/companies/quikr-buys-commonfloor-in-200-mn-all-stock-deal-116010800047_1.html|title=Quikr buys CommonFloor in $200-mn all-stock deal|date=2016-01-08|access-date=2016-04-16}}</ref> As of December 2017, Quikr had completed 5 acquisitions for its real estate business.<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/banking/finance/quikr-acquires-hdfcs-digital-realty-units-in-all-stock-deal/articleshow/62195514.cms|title=Quikr acquires HDFC's digital, realty units in all stock deal|last1=Shukla|first1=Saloni|date=2017-12-21|work=The Economic Times|access-date=2018-01-16|last2=Srinivasan|first2=Supraja}}</ref>

In July 2016, Quikr acquired a Recruitment Tech startup Hiree.com<ref>{{Cite news|title=Quikr acquires Hiree to boost job listing|work=The Economic Times|url=https://economictimes.indiatimes.com/small-biz/startups/quikr-acquires-hiree-to-boost-job-listing/articleshow/53380875.cms?from=mdr|access-date=2021-03-30}}</ref>

In 2017, [[Housing Development Finance Corporation|HDFC]] announced sale of its subsidiaries HDFC Realty and HDFC Developers to Quikr India in an all stock deal that will give HDFC 3 per cent stake in Quikr India in lieu of sale of its stake in the two subsidiaries for Rs 357 crore.<ref>https://www.timesofindia.com/business/india-business/hdfc-sells-hdfc-realty-hdfc-developers-to-quikr/amp_articleshow/62196688.cms%3famp_js_v=0.1&usqp=mq331AQFKAGwASA%253D#ampf=</ref>

==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,<ref>{{cite web|title=The business savvy of a "missed call" |url=http://www.growthinstitute.in/emagazine/dec13/fs_company.html |access-date=26 August 2015 |url-status=dead |archive-url=https://web.archive.org/web/20150516013019/http://www.growthinstitute.in/emagazine/dec13/fs_company.html |archive-date=16 May 2015 }}</ref> and [[instant messaging]].<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2015-01-08/news/57838317_1_online-platform-chat-service-used-goods|title=Quikr launches chat service to boost sales|publisher=The Economic Times|url-status=live|archive-url=https://web.archive.org/web/20160305144409/http://articles.economictimes.indiatimes.com/2015-01-08/news/57838317_1_online-platform-chat-service-used-goods|archive-date=2016-03-05|access-date=26 August 2015}}</ref>

==References==
{{Reflist}}

==External links==
* {{Official website|http://www.quikr.com/}}
* {{Main website|http://www.findonfast.com/}}
[[Category:Information technology companies of Bangalore]]
[[Category:EBay]]
[[Category:Online marketplaces of India]]
[[Category:Indian companies established in 2008]]
[[Category:Privately held companies of India]]
[[Category:Warburg Pincus companies]]
[[Category:2008 establishments in Karnataka]]

Quikr - Revision history

DrusillaSchuster: small correct formatting and added references

->ClueBot NG: Reverting possible vandalism by Mithilsrivastav to version by 2A02:810C:8C3F:F0A0:9C15:8BEE:F9BB:424E. Report False Positive? Thanks, ClueBot NG. (4086326) (Bot)