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Quikr Funding Recently Increases To $150 Million

Quikr Funding Recently Increases To $150 Million : Quickr is India’s largest online and mobile classifieds portal based in Mumbai, India. Quikr was launched on 12 July 2008 and is currently present in 900 cities across India. Quikr provides the local community with a platform to help them buy, sell, rent and find something and address needs across many categories. These categories numbering over 12 and sub-categories over 140 range from Mobiles, real estate, cars, services, jobs, entertainment, furniture, electronics etc. Now below get complete details related to this article of Quikr.



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Quikr Funding Increases To $150 Million

Classifieds Site Quikr has raised 150 million dollars in new funding by returning investors Tiger Global, Steadview Capital and Investment AB Kinnevik.

According to TechCrunch, the latest round will be used to enhance its mobile business and expand its most active categories like jobs, cars, real estate and services.

The site claimed that it has 30 million users per month including individual consumers and small businesses.

Founder and CEO Pranay Chulet said that the company’s 80 percent business comes from its mobile apps.

Chulet said that Quikr will also delve deeper into its jobs and services sections, potentially spinning out each as a separate vertical. Source :

Quikr Details

Quikr is India’s no.1 online classifieds platform, a placewhere people can connect with each other to buy or sell goods and services. Launched in 2008 with the vision for buyers and sellers to “meet online, transact offline”, today it have over 4.2 million listings and have generated over 150 million replies.

Headquartered in Mumbai, Quikr operates from 940 cities across India and is accessed by more than 30 million unique users and 26 million brand new customers per month. It have over 13 categories and 170 sub-categories, with the most popular being mobile phones and electronics, real estate, cars and bikes.

Quikr have created an online community which is simple and secure. Quikr is constantly innovating so that users can buy and sell in the easiest and most convenient way possible. They recognized that getting a fair price could be a hurdle for our customers,and we developed a Maximum Selling Price (MSP) calculator to help users estimate a reasonable price range. Source :


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