pranay chulet

Quikr, the e-classifieds and transactions marketplace, has acquired online pre-owned goods seller startup Zefo in a Rs 200-cr, stock-and-cash deal. The deal comes as the Bengaluru-based company, valued at $1.6 billion, is looking at an aggressive offline expansion with plans to open 200-300 franchisee stores across the country over six-nine months.

Quikr, a cross category classifieds business, has announced its foray into the entertainment industry, partnering with filmmakers.

Online classifieds portal Quikr has raised $150 million (over Rs 900 crore) in a new financing round led by existing investors Tiger Global and AB Kinnevik, the company said Tuesday. Hong Kong-based Steadview Capital, the only new investor boarding the six-year-old company, is learnt to have put in $25 million.

New Delhi, Apr 25 () Quikr Thursday said it has acquired Zefo for an undisclosed amount, a move that will help the online classifieds major further scale its pre-owned goods business.

Rahul Tewari, former executive vice president at ICICI Securities will now lead the company's financials

This is Quikr’s fourth strategic move in the real estate category since the launch of QuikrHomes four months ago.

Quikr, a cross category classifieds business, has launched QuikrServices with a special focus on the unorganised sector of service providers across the country.

Quikr has been strengthening its verticals like real estate, jobs and on-demand beauty services with acquisitions and investments.

New Delhi, Nov 21 () Online classifieds platform Quikr Wednesday said its consolidated revenue from operations grew by 95 per cent to Rs 173.49 crore in FY2017-18.

Indus OS, India’s home-grown smartphone operating system and native applications platform, announced a pre-Series B round of $4 million from existing investors Omidyar Network, Ventureast and JSW Ventures.

ndus OS (formerly known as Firstouch), a regional-language smartphone operating system, has raised $5 million in a Series A funding round led by Omidyar Network. The money will be used to invest in technology, recruit new talent and expand into international markets.

The firm has valued its 18% stake in Quikr at $265 million. Quikr was valued at around $1 billion when it raised $150 million in April 2015.

For the first time since 2011, Bengaluru has been surpassed by both the national capital region (NCR) and Mumbai in attracting venture capital (VC) funding.

Russian billionaire investor Yuri Milner made a passionate plea to entrepreneurs, venture capitalists and scientists in India to help find life in planets similar to Earth.

Takes on e-comm biggies, launches delivery

Nasscom 10,000 Startup Program has partnered with department of industrial policy and promotion (DIPP), Government of India, along with other partners to host ‘Startup India, Stand up India’ event in Delhi on January 16.

According to the study, for over 60% of the founders, the current unicorn was the only company they had ever built.

According to sources, HDFC will get over 3 per cent stake in Quikr India in lieu of sale of its stake in the two subsidiaries for Rs 357 crore.

eBay has a significant stake in Snapdeal. And there’s Quikr. A company that became a unicorn in the heady days of 2015, with an unusual genesis in Mumbai and that unusual name when it was born - Kijiji.

New Delhi, Aug 28 () Online classified platform Quikr's real estate vertical has become profitable and its revenue is likely to more than double to about Rs 170 crore this fiscal driven by a series of acquisitions like HDFC Realty and CommonFloor.

New Delhi, Dec 17 () Online classified platform Quikr Monday announced the acquisition of Chennai-based India Property Online Pvt Ltd as part of its strategy to strengthen its real estate transaction and classified business.

In a study that lists universities that have produced the most unicorn founders, the Indian Institutes of Technology (IITs) bagged the fourth spot.

While flipping through the newspaper last month, Manoj Kumar Sharma chanced upon the story of a farmer in Haryana who sold his buffalo for Rs 25 lakh.

Indus OS co-founder Rakesh Deshmukh on how they built an OS that works on Indian languages

The panelists at the ET Startup Awards agreed that the government’s proactive approach, while in its infancy, has begun to take effect.