What is Quikr?
Quikr operates as India's premier cross-category classifieds platform, facilitating seamless transactions for goods and services across mobile and desktop interfaces. The company's business model is built on high-frequency engagement, spanning critical sectors such as automotive, housing, jobs, and professional services. By integrating a vast network of users with a robust digital marketplace, Quikr has established a defensible market position that caters to both individual consumers and small-to-medium enterprises. Its ability to maintain relevance across diverse demographics and geographies has made it a focal point for global investors seeking exposure to the burgeoning Indian consumer internet sector.
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 Omidyar Network and Matrix Partners India
Series C (2010): $6M led by Norwest Venture Partners
Series D (2011): $8M supported by Norwest Venture Partners, eBay, and Nokia Growth Partners
Series E (2012): $32M featuring eBay, Matrix Partners, Warburg Pincus, and Norwest Venture Partners
Private Equity (2014): $90M backed by Nokia Growth Partners, Omidyar Network, Kinnevik, Matrix Partners, Warburg Pincus, eBay, and Norwest Venture Partners
Private Equity (2014): $60M with participation from Nokia Growth Partners, Matrix Partners India, eBay, Investment AB Kinnevik, Norwest Venture Partners, Warburg Pincus, and Omidyar Network
Private Equity (2015): $150M led by Steadview Capital and Investment AB Kinnevik
Private Equity (2015): $60M supported by AB Kinnevik and Coatue Management
Debt (2016): $19.4M featuring Brand Capital
Key Investors in Quikr
Investment AB Kinnevik
An industry-focused investment firm with an entrepreneurial spirit, Kinnevik partners with 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.
eBay
A global online marketplace leader that connects buyers and sellers, providing significant strategic value through its deep expertise in the classifieds and e-commerce space.
What's next for Quikr?
Looking ahead, Quikr is positioned to leverage its recent capital injection to deepen its penetration in tier-2 and tier-3 cities, where digital adoption is accelerating. The strategic focus will likely shift toward optimizing unit economics and enhancing the user experience through AI-driven personalization and improved transaction security. As the company matures, it is expected to further integrate its service verticals, creating a more cohesive ecosystem that drives higher lifetime value per user. Continued investment in its core classifieds businesses, combined with potential expansion into adjacent fintech or logistics services, will be pivotal in maintaining its competitive edge against emerging regional players and global incumbents.
See full Quikr company page
