- Quikr Unveils O2O Platform QuikrRealty To Disrupt Real Estate Brokerage Industry As Louis Glickman says, the best investment on earth is ‘Earth.’ The real estate business in India is expected to touch $180 Bn by 2020. Of this, a major part is brokerage industry, which is increasing at the rate of $4 Bn per year. Online Classifieds platform Quikr is now aiming to disrupt the real […]
- Quikr Buys HDFC Developers, HDFC Realty For $55 Mn Online classifieds platform Quikr India has bought two subsidiaries of mortgage lender Housing Development Finance Corp. Ltd (HDFC) focusing on real estate brokerage and online property, namely HDFC Realty Ltd and HDFC Developers Ltd for a total of $54.8 Mn (INR 350 Cr). HDFC Realty Ltd operates the brokerage business, while HDFC Developers Ltd owns […]
- Quikr Acquires Babajob To Cement Position In Blue Collar Jobs Segment Quikr has acquired blue collar jobs startup Babajob Services to strengthen its position in the blue collar jobs segment. Confirming the reports, in an email to Inc42, Babajob co-founder Sean Blagsvedt commented on the rationale behind the move. He said.“The combined entity would have a better chance of fulfilling our vision of Better Jobs for […]
- Marriage Of Inconvenience Ends – 3 CommonFloor Founders Quit Quikr A Year Later Just after a year of acquisition by Quikr, the three founders of real estate portal Common Floor viz. Sumit Jain, Vikas Malpani, and Lalit Mangal have quit the company. CommonFloor was working as an independent entity to date post-acquisition. After their resignation, the air is yet to get cleared on whether the trio will be […]
- Housing.com Finds New Home With PropTiger; Lands New Investors, CEO In what could be termed one of the most spoken-about announcements in the real estate sector (and the most inevitable), Softbank-backed Housing.com will be merging with rival PropTiger. As part of the transaction, PropTiger’s eventual investor REA Group Limited will invest US$50 Mn in the joint entity with an affiliate of SoftBank Group pumping in […]
- A Fitness Coach, A Bot That Waits Tables, And A Bot That Deejays: What Came Out Of TLabs’ Bot Hackathon From bringing you your daily dose of news to booking a cab for you; from answering your health queries to resolving your fashion dilemmas; from being your personal assistant to being your personal gym trainer; bots are now doing it all for you, day in day out. But why have bots become the new flavour […]
- After CommonFloor Quikr Makes Another Acquisition In Real Estate, Acquires Bengaluru Based Grabhouse The real estate arm of ecommerce marketplace Quikr, QuikrHomes has acquired Bengaluru-based home rental marketplace Grabhouse. With this development, it also announced the launch of its cashless managed rentals solution. As a part of this deal, Quikr will integrate Grabhouse’s products and technology stack into QuikrHomes while also reaping the strong synergies the business has with […]
- How Getting Robbed By His Roommate Prompted Ajay Yadav To Build A Platform Which Helps Find Trustworthy Roomies “When life gives you lemons, make lemonade.” Well, Ajay Yadav went a step further – he not only made lemonade but also managed to grab tequila and salt worth $6 Mn along with it! It was 2007 when Ajay came to the US to study computer science at NYIT. Like any new migrant to the […]
- Quikr Shuts Down Flatchat’s Office Six Months Post CommonFloor’s Acquisition Six months after online classifieds major Quikr acquired online realty portal CommonFloor, it has shut down Flatchat’s office, a rental flatmate-finding application owned by CommonFloor. ET reports that Quikr has given employees of Bangalore-based Flatchat an option to join one of its portfolio companies and move geographically, but not all the employees were comfortable with relocation. […]
- Updated: Exclusive: Marriage Of Inconvenience: Quikr Fires More Than 150 CommonFloor Employees Post Acquisition More than 150 employees of CommonFloor have been asked to leave the company by Quikr after the latter bought out the former, this January. Four people aware of the development said employees are getting termination notices from the human resources department. Online classifieds firm Quikr had celebrated the new year putting an end to long drawn […]
- FinTech Startup, Fisdom, Raises $500K From TaxiForSure & Commonfloor Co-Founders Fisdom, a Bangalore-based personal finance startup, has raised about $500K (INR 3.4 Cr) from angel investors, including Raghunandan G and Aprameya Radhakrishna (Taxiforsure co-founders) and Sumit Jain (Commonfloor co-founder). Other investors that participated in the round were Rob Chandra (CEO, Avid Park Capital), Wooqer’s Vishal Purohit, Rajeev Chitrabhanu (JM Financial CEO) and Gaurav Gupta, among others. […]
- Online Marketplace For Party Services, Evibe.in, Gets Funding From Hyderabad Angels, Commonfloor Founders & Others Online marketplace for party services, Evibe.in, has raised an undisclosed amount in angel funding round led by Hyderabad Angels. The round also saw participation from Lalit Mangal (co-founder of Commonfloor), Vikas Malpani (co-founder of Commonfloor), Gaurav Bhalotia (VP Engineering, Flipkart) and LV Prasad & Co. from BITS Alumni. Bangalore-based Evibe.in was founded in Februaury 2014 […]