SoftBank India head Juneja on Ola board
Juneja had joined SoftBank from Norwest Venture Partners late last year as the group’s first India head and a partner at the Japanese group.
Omidyar Network announces Rs 16 crore grant focused on property rights
Global impact investment investor sets aside Rs 3.5 crore as innovatio...
Digital-first brands took just three years to hit Rs 100 crore
eBrands achieved traction quickly with etailers putting in place exclusive pro...
Quikr raises Rs 55 crore in venture debt financing from InnoVen Capital
Quikr will use the proceeds from the debt funding round to scale its businesses across its multiple verticals, an official statement said.
Quikr triples revenues of real estate vertical in last 12 months
The real estate vertical has also reached profitability riding on the back of its revenue contribution, which was around 35% of the company’s overall revenues last year.
Finly raises undisclosed sum in funding from clutch of venture capital investors
While the terms of the transaction were not disclosed, other investors that have also participated in the latest round include Das42 Capital and 91Springboard, the company said in a prepared statement.
ItzEazy, Quikr get into a strategic partnership to expand services
The offering will be made available under Quikr's services platform QuikrEasy with the firm focussed on marketing while ItzEazy will complete the service delivery for the operation.
Quikr expands leadership, appoints first ever Chief Financial Officer
Tewari will play a key role in the company's group level financial strategy and growth opportunities across its various marketplaces including the various acquisitions that Quikr has made in the last 3 years.
Quikr's realty vertical turns profitable; FY19 revenue may rise two-fold to Rs 170 cr
Quikr's revenue from real estate vertical has reached about Rs 14 crore per month in July 2018, a three-fold jump from a year-ago, despite overall slowdown in the property market.
SoftBank’s arm may open Mumbai office
The Japanese investment giant has also roped in Sumer Juneja from venture capital firm Norwest Venture Partners to lead Indian operations.
Pepperfry partners with Quikr for its furniture exchange program
Through this partnership, customers can sell their old furniture on Quikr’s consumer platform Quikr Bazaar in exchange for gift cards that can be redeemed on Pepperfry.
Housing.com to invest Rs 35 cr in next 4 months on branding
Housing.com has roped in film stars Vicky Kaushal and Kiara Advani for its new TV commercial, which will showcase smart search technology offered by the platform.
Quikr grows FY17 revenues 55% to Rs 64 crore, losses dip 42%
Quikr’s topline grew steadily with operational revenues rising 55% to Rs 64 crore in FY17 as compared to Rs 41.2 crore last year. A large part of this growth came from advertising revenues and marketing service fees.
QuikrRealty expects about Rs 10,000 crore in sales
With 30 million monthly users, Quikr is India's largest classifieds platform that runs multiple vertical businesses across real estate, automobiles, jobs, services and goods.
Quikr is in talks to buy Babajob
Buy may open doors for Quikr to smaller cities that Babajob is popular in.
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