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Mumbai-based cross-category classifieds platform Quikr, has acquired on-demand in-home beauty services provider Salosa.
The acquisition is a part of Quikr’s plan to invest $37.5 Mn (INR 250 Cr) in its home services vertical QuikrServices. Salosa which has been a partner to QuikrServices will further strengthen its beauty services offerings with stylists.
Founded by ex- P&G professionals, Piyush Dhanuka and Anurag Nair, Salosa, was launched in September 2015, serving customers in Gurgaon and parts of Delhi. Salosa began first as a marketplace for freelance beauticians and stylists before shifting to a full stack model with an in house team.
PD Sundar, Head of QuikrServices, said, “Beauty services market is close to $5 Bn in India and is growing which is evident from the increasing number of requests we see from tier-I and tier-II cities on our platform. On-demand beauty services is an important sub-category and Salosa will help bring very real benefits to our consumers who get easier access to reliable beauty experts.”
QuikrServices that was launched in October last year, has been aggressively going deeper in the home services space. Prior to this in March 2016, Quikr tied up with Fixy, a startup that provides on demand maintenance services at home and office. Currently, it has 250,000 service providers, offering over 80 types of services for consumers and is being used by 1,00,000 customers every day.
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