What is Quikr?
Quikr operates as India's premier cross-category platform, facilitating transactions across C2C, automotive, real estate, employment, and professional services. By integrating mobile-first accessibility with a robust desktop presence, the company serves both individual consumers and small-to-medium enterprises. Its market position is defined by its extensive reach and its ability to streamline the buying, selling, and renting process for millions of users. The platform's infrastructure supports a wide array of classifieds businesses, making it a central hub for digital commerce in India. Through strategic diversification, Quikr has maintained its competitive edge, ensuring that it remains a primary destination for users seeking reliable and efficient service discovery in an increasingly digitized economy.
How much funding has Quikr raised?
Quikr has raised a total of $429.9M across 9 funding rounds:
Series B
$4.5M
Series C
$6M
Series D
$8M
Series E
$32M
Private Equity
$90M
Private Equity
$60M
Private Equity
$150M
Private Equity
$60M
Debt
$19.4M
Series B (2009): $4.5M with participation from Matrix Partners India and Omidyar Network
Series C (2010): $6M led by Norwest Venture Partners
Series D (2011): $8M supported by Nokia Growth Partners, eBay, and Norwest Venture Partners
Series E (2012): $32M featuring eBay, Norwest Venture Partners, Matrix Partners, and Warburg Pincus
Private Equity (2014): $90M backed by Omidyar Network, Warburg Pincus, Kinnevik, Nokia Growth Partners, eBay, Norwest Venture Partners, and Matrix Partners
Private Equity (2014): $60M with participation from Nokia Growth Partners, eBay, Matrix Partners India, Norwest Venture Partners, Warburg Pincus, Omidyar Network, and Investment AB Kinnevik
Private Equity (2015): $150M led by Steadview Capital and Investment AB Kinnevik
Private Equity (2015): $60M supported by Coatue Management and AB Kinnevik
Debt (2016): $19.4M featuring Brand Capital
Key Investors in Quikr
Norwest Venture Partners
A global, multi-stage venture capital and growth equity investment firm with a long-standing history of supporting transformative technology companies.
Investment AB Kinnevik
An industry-focused investment company that partners with visionary founders to build fast-growing digital consumer businesses.
Warburg Pincus
A leading global private equity firm renowned for its expertise in growth investing and supporting management teams in building sustainable, long-term success.
What's next for Quikr?
With the infusion of $19.4M, Quikr is well-positioned to deepen its penetration into high-growth verticals such as automotive and home services. The strategic focus will likely shift toward enhancing user experience through advanced data analytics and optimizing its service-oriented business models. As the company matures, the emphasis will remain on sustainable growth and operational efficiency, leveraging its existing network to capture further market share. By continuing to align with global institutional partners, Quikr is poised to solidify its status as a cornerstone of the Indian digital economy, potentially exploring further technological integrations to maintain its leadership in the classifieds sector.
See full Quikr company page
