# Quikr India Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quikr-india-pvt

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.quikr.com/
- Total disclosed funding: $350M
- Latest round: Series H (Apr 7, 2015)
- Investors on record: 9

## About

Quikr India Pvt Ltd. is an online classifieds platform in India that connects users for buying, selling, and renting various products and services, facilitating peer-to-peer transactions across diverse categories.Founded in 2008 in Bangalore, India, Quikr India Pvt Ltd. serves as an online marketplace that allows individuals and businesses to engage in buying and selling activities. The founders, Mayank Vora, Pranay Chulet, and Wahlied Cole, established the company with a vision to streamline commerce through easy online transactions. The company raised INR 200 million in VENTURE DEBT funding in April 2019, led by Trifecta Capital, bringing its total capital raised to INR 60 million.Quikr India operates as a leading online classifieds platform, providing a comprehensive marketplace for individuals and businesses to buy, sell, and rent a wide range of products and services. The core offerings include categories such as automobiles, real estate, electronics, home goods, and job listings, enabling users to either purchase new and used items or advertise services, properties, and job vacancies. Quikr caters to a diverse client base comprising individual consumers, small business owners, and larger enterprises across India and international markets. The platform facilitates direct peer-to-peer transactions by allowing users to post free ads, thereby addressing the need for a streamlined and efficient method for individuals to connect over buying and selling items or services. Quikr's services are designed to empower users to fulfill personal and professional needs, from securing jobs to purchasing vehicles, thereby enhancing their overall quality of life.Quikr generated revenue of INR 6,399,208.60 in 2023, with an EBITDA of INR -589,801 for the same year. The company monetizes its ad placement services, allowing users to post free ads while offering premium listings for enhanced visibility. The platform's pricing structure for premium ads caters to both individual sellers and businesses, encapsulating a mix of B2C and C2C transactions that support efficient commerce in varying economic activities across India.Quikr plans to utilize the recently raised INR 200 million in VENTURE DEBT funding to enhance its platform and develop new product features, although specific upcoming products have not been detailed. The company is also looking to expand its reach into new geographic regions, aiming to penetrate additional markets within India and potentially look abroad in the coming years. This growth strategy aligns with their focus on improving user experience and increasing their overall market presence.

## Funding rounds

- Series H, Apr 7, 2015, $150M — Tiger Global Management, Kinnevik, Steadview Capital Management
- Series G, Sep 17, 2014, $60M — Matrix Partners, Warburg Pincus, Norwest Venture Partners, NGP Capital, Tiger Global Management, eBay Inc., Kinnevik, Omidyar Network
- Series F, Mar 12, 2014, $90M — Matrix Partners, Warburg Pincus, Norwest Venture Partners, NGP Capital, eBay Inc., Kinnevik, Omidyar Network
- Series E, May 22, 2012, $32M — Matrix Partners, Warburg Pincus, Norwest Venture Partners, eBay Inc.
- Series D, May 9, 2011, $8M — Norwest Venture Partners, NGP Capital, eBay Inc.
- Series C, Mar 31, 2010, $6M — Matrix Partners, Norwest Venture Partners, eBay Inc., Omidyar Network
- Series B, Jul 30, 2009, $4.1M — Matrix Partners, Omidyar Network
- Series A, Feb 1, 2008 — Matrix Partners, eBay Inc.

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B, Series C, Series E, Series F, Series G
- eBay Inc. — Series A, Series C, Series D, Series E, Series F, Series G
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series B, Series C, Series F, Series G
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series C, Series D, Series E, Series F, Series G
- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series D, Series F, Series G
- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series E, Series F, Series G
- Kinnevik (https://capitalatlas.ai/funds/kinnevik) — Series F, Series G, Series H
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series G, Series H
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series H