Quikr Revenue, Valuation, Funding & Investors

Quikr is valued at $900M as of July 2015.

See full Quikr profile

Last Quikr valuation

$900M

Secondary · Jul 2015

Last Quikr funding round

$134M

Series H · Apr 2015

Quikr revenue

$10M

Series H · Apr 2015

Key investors in Quikr

  • Kinnevik
  • Tiger Global
  • Norwest
  • Warburg Pincus
  • Z47
  • NGP Capital

Quikr Overview

About Quikr

Quikr is a Bangalore-headquartered online classifieds marketplace operating across India. Users post and browse ads for real estate rentals, used vehicles, electronics, jobs, tuition services, events, and local businesses. Features include QuikrNXT for anonymous transactions, missed-call posting, and category-specific apps connecting millions of buyers and sellers nationwide.


Founded

2008

HQ

IndiaBangalore

Website

quikr.com

Status

Privately held

Customer focus

B2C

Revenue model

Commission

Revenue

$10M (Apr 2015)

Valuation

$900M (Jul 2015)

Quikr Valuation

Quikr is currently valued at $900M, based on its secondary sale in July 2015.

The $60M round was led by Kinnevik, with participation from Coatue and Alpha Wave Global.

Quikr's valuation has grown 2.3x from $400M at its Series G in September 2014 to $900M in July 2015, across 3 priced rounds.

Quikr valuation by funding round

Revenue multiple
Quikr valuation by funding round
DateStageValuationRevenue Multiple
Jul 2015Secondary$900M-
Apr 2015Series H$1.5B147.0x
Sep 2014Series G$400M8.0x

Quikr Revenue

Quikr's latest recorded revenue is $10M, as of its Series H in April 2015.

Revenue moved from $50M in September 2014 to $10M in April 2015.

Quikr revenue by funding round

Quikr revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Apr 2015$10M$1.5B147.0xSeries H
Sep 2014$50M$400M8.0xSeries G

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Quikr Funding History

Quikr has raised a total of $284M across 3 funding rounds, plus 1 secondary share sale.

Quikr's first fundraising round was a $90M Series F in March 2014. The most recent completed round was a $134M Series H in April 2015.

Quikr funding rounds

Quikr funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2015SecondaryKinnevik (lead); Coatue; Alpha Wave Global$60M$900MQuikr is India's leading cross-category classifieds platform founded in 2008 by Pranay Chulet and Jiby Thomas. The company operates in over 1,000 Indian cities across multiple categories including mobile phones, household goods, cars, real estate, jobs, services, and education, serving over 30 million unique monthly users. In July 2015, Kinnevik purchased additional shares in Quikr from existing shareholders at a valuation of $900 million. This secondary share purchase saw Kinnevik increase its investment by $20 million, raising its stake from 18 percent to approximately 21 percent, with around 6 percent of the company's equity changing hands in the overall transaction. Prior to this transaction, Quikr had been valued at $1 billion in its April 2015 Series H funding round, when it raised $150 million from lead investors Tiger Global and Kinnevik, along with new investor Steadview Capital. By the time of the July 2015 secondary transaction, Quikr had raised approximately $346 million from investors including Warburg Pincus, Tiger Global Management, Matrix Partners India, Norwest Venture Partners, and Omidyar Network.
Apr 2015Series HKinnevik (lead); Tiger Global (lead); Steadview Capital; Brand Capital$134M$1.5BQuikr, an online classifieds platform founded in 2008 by Pranay Chulet and Jiby Thomas, operates in categories like real estate, jobs, and on-demand services, serving over 30 million unique monthly users across 1,000 Indian cities with around 1,500 employees. In July 2015, Quikr raised approximately $133.7 million from investors including Brand Capital, Kinnevik, Steadview Capital, and Tiger Global, with Kinnevik and Tiger Global as leads; this contributed to total funding of $346 million from backers like Warburg Pincus, Matrix Partners India, Norwest Venture Partners, and Omidyar Network. One investor, Kinnevik, raised Quikr's valuation to $1.47 billion in its third quarterly report of 2016, up $170 million from the prior quarter. For FY2015-16 (April 2015 to March 2016), Quikr reported total revenue of Rs 94.5 crore, up 44% from Rs 52.5 crore the prior year, driven by standalone revenue growth to Rs 41.24 crore from Rs 24.79 crore, plus Rs 53.27 crore in other income from investments like Rs 391.43 crore in bonds, debentures, and mutual funds. Despite revenue growth, losses widened to Rs 534 crore from Rs 446 crore, amid expansion through acquisitions including Commonfloor and Grabhouse in real estate, Hiree for hiring, and Stayglad for beauty services. Quikr positioned itself as a unicorn with a valuation around $1.5 billion in later contexts, focusing on verticals like co-living, cars, bikes, electronics, furniture, beauty, and home services. The company pursued an acquisition spree in 2015-2016 and later deals like a potential Rs 400 crore investment from HDFC Ltd for 5% stake. Subsequent years showed revenue growth, with FY17-18 consolidated revenue from operations at Rs 173.49 crore (95% YoY increase), projecting further doubling in FY18-19.
Sep 2014Series GTiger Global (lead); Omidyar Network India; eBay; Norwest; NGP Capital; Warburg Pincus; Kinnevik; Z47$60M$400MQuikr is India's leading online classifieds platform, enabling users to buy, sell, rent, or find products and services across categories like electronics, real estate, jobs, and more, serving nearly 1,000 cities with 32 million monthly unique users as of early 2014. On September 17, 2014, Quikr raised $60 million in a Series G funding round led by Tiger Global Management, with participation from existing investors including Kinnevik, Matrix Partners India, Nokia Growth Partners (NGP Capital), Norwest Venture Partners, Omidyar Network, Warburg Pincus, and eBay. The funds were earmarked for product development and expanding its rapidly growing mobile business amid the surge in mobile internet adoption in India. This round followed closely after a $90 million Series F raise in March 2014 led by Kinnevik, with Warburg Pincus participating, which valued Quikr at over $250 million and brought total funding to around $150 million at that time. Prior rounds included $32 million in 2012 led by eBay, $8 million in May 2011 from NGP and others, and $6 million in March 2010. Quikr reported an estimated revenue run-rate of $50 million as of the March 2014 round, derived from premium listings, lead generation, and advertising. The company positioned itself at the forefront of India's classifieds market transformation driven by mobile internet growth, as highlighted by CEO Pranay Chulet. Quikr competed in the crowded Indian online classifieds and e-commerce space, drawing comparisons to global players and local peers, with investors like Tiger Global backing similar high-growth internet firms such as Flipkart and Justdial. Subsequent rounds included a Series H in April 2015 raising SEK 1.15 billion from Kinnevik and Tiger Global for acquisitions and market expansion, with Quikr eventually raising over $424 million total by 2019.
Mar 2014Series FKinnevik (lead); Omidyar Network India; eBay; Norwest; NGP Capital; Warburg Pincus; Z47$90M-Quikr is an Indian multi-category classifieds and recommerce platform founded in 2008, offering buying and selling of used products like electronics, furniture, automobiles, and property, with verticals in co-living, cars, bikes, home services, and more. The company raised multiple funding rounds totaling over $443 million, with the last noted debt financing in July 2019.

Who has invested in Quikr?

12 investors have backed Quikr across its funding rounds, including Kinnevik, Tiger Global, Norwest, Warburg Pincus, Z47 and NGP Capital.

Lead investors include Kinnevik and Tiger Global.


Quikr Investors

Investors in Quikr by funding rounds participated
InvestorHQRoundsRoleFirst check
KinnevikSwedenStockholm4LeadMar 2014
Omidyar Network IndiaIndiaMumbai2ParticipantMar 2014
eBayUnited StatesSan Jose, CA2ParticipantMar 2014
NorwestUnited StatesSan Francisco, CA2ParticipantMar 2014
NGP CapitalUnited StatesSan Francisco, CA2ParticipantMar 2014
Warburg PincusUnited StatesNew York City, NY2ParticipantMar 2014
Tiger GlobalUnited StatesNew York City, NY2LeadSep 2014
Z47IndiaMumbai2ParticipantMar 2014
Steadview CapitalUnited KingdomLondon1ParticipantApr 2015
Brand CapitalIndiaMumbai1ParticipantApr 2015

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Quikr

Quikr has acquired 16 companies to date.

Last acquisition by Quikr was on March 11th 2019. Quikr acquired GoZefo for $29M.


Latest Acquisitions by Quikr

GoZefo
DoSeat
India Property Online
HDFC Developers
Description
GoZefo is an e-commerce marketplace specializing in refurbished furniture and appliances in India. Gurgaon-headquartered, the startup offers a seamless buying and selling experience for pre-owned home goods. GoZefo inspects, repairs, and certifies products through its quality process before listing them online. The platform serves urban consumers seeking affordable, sustainable alternatives to new furniture, with delivery across major cities including Delhi, Mumbai, and Bangalore.
DoSeat is a Netherlands-based online marketplace for buying and selling motorcycles, scooters, and bicycles, connecting private sellers with verified dealers. Users list vehicles with detailed specs, photos, and history reports, while buyers access nationwide inventory and secure payment processing. Launched in 2012, the platform serves the European two-wheeler market with tools for valuation and transport logistics.
India Property Online is a Chennai-headquartered real estate portal under Consim Info Pvt. Ltd., listing residential, commercial, and rental properties across 50 Indian cities including Mumbai, Delhi, Bangalore, and Hyderabad. The site aggregates verified listings from builders like DLF, Godrej, and Sobha, offering virtual tours, price trends, locality insights, and EMI calculators. Partnerships with media outlets like The Hindu and Times of India drive lead generation through classifieds, email alerts, and mobile apps.
HDFC Developers is a Mumbai-based operator of the HDFC RED online real estate platform listing 7,000 projects from developers like Lodha and Sobha. Attracting 80,000 unique monthly visitors, RED facilitates buyer inquiries for apartments, villas, and plots in 50 cities. Launched in 2012, it generates leads through verified listings and virtual tours.
HQ CountryIndiaIndiaIndiaIndia
HQ City
Bangalore
Mumbai
Chennai
Mumbai
Deal Date11 Mar 20191 Jan 201917 Dec 201822 Dec 2017
Valuation$29Mundisclosedundisclosed$4M
EV/Revenue
EV/EBITDA

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Investments by Quikr

Quikr has invested in 1 company to date.

Latest investment by Quikr was on August 13th 2024. Quikr invested in HeatMap, Inc in their $4M Seed round.


Latest Investments by Quikr

HeatMap, Inc
Description
HeatMap, Inc. delivers real-time SaaS analytics for websites, featuring heatmaps that visualize user interactions via augmented reality overlays. Based in Austin, Texas, the platform tracks clicks, scrolls, and mouse movements across desktop and mobile sessions. Marketers use it to monitor content performance on sites hosted by WordPress or Shopify, with data refreshing every five seconds. HeatMap serves publishers and e-commerce brands seeking to boost engagement metrics.
HQ CountryUnited States
HQ City
San Francisco, CA
Deal Date13 Aug 2024
RoundSeed
Raised$4M
InvestorsSharma Brands; PowerOne Capital Markets Limited; Pari Passu Venture Partners; El Cap Holdings; Contrarian Thinking Capital; Mu Ventures; ConversionWise; Vine Ventures; Hawke Ventures
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Quikr Competitors

Quikr competitors include listed companies like Baltic Classifieds Group and Vend Marketplaces, and private ones like OfferUp, Zhuanzhuan, Carousell and 5miles.

Public and private companies comparable to Quikr
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OfferUpUnited StatesSeattle, WAPrivate--$1B-
ZhuanzhuanChinaBeijingPrivate--$1B-
Baltic Classifieds GroupLithuaniaLithuaniaPublicly listed$102M$79M$1.1B10.9x
CarousellSingaporeSingaporePrivate$50M-$1.1B22.0x
5milesUnited StatesUnited StatesPrivate--$330M-
Vend MarketplacesNorwayNorwayPublicly listed$673M$19M$5.1B7.1x

Quikr Public Comps

Quikr is still privately-owned, but its public comps include ATRenew, Nextdoor, Ibotta, Bengo4.com, EverQuote, SMZDM.com, QuinStreet, Grupa Pracuj, AUCNET and Groupon.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
ATRenew$3.1B$84M0.2x0.2x8.2x6.6x
Nextdoor$258M($69M)2.4x2.2x(8.8x)27.8x
Ibotta$342M$7M2.5x2.4x114.9x15.3x
Bengo4.com$105M$19M7.7x6.9x43.8x33.0x
EverQuote$693M$62M0.9x0.8x9.9x5.5x
SMZDM.com$192M$19M4.9x4.7x47.8x42.1x
QuinStreet$1.3B$61M0.7x0.7x15.8x7.9x
Grupa Pracuj$214M$95M4.6x4.4x10.3x9.7x

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Common questions about Quikr

When was Quikr founded?Quikr was founded in 2008.
Where is Quikr headquartered?Quikr is headquartered in Bangalore, India.
Is Quikr publicly listed?No, Quikr is a private, VC-backed company.
What is Quikr's valuation?Quikr was last valued at $900M in its secondary sale in July 2015.
How much funding has Quikr raised?Quikr has raised $284M across 3 funding rounds.
What was Quikr's last funding round?Quikr's last funding round was a $134M Series H in April 2015, led by Kinnevik and Tiger Global.
Who are Quikr's investors?Quikr's investors include Kinnevik, Omidyar Network India, eBay, Norwest, NGP Capital, Warburg Pincus, Tiger Global, Z47, Steadview Capital, Brand Capital and 2 others.
What is Quikr's revenue?Quikr's latest recorded revenue is $10M (April 2015).
Which companies are comparable to Quikr?Companies comparable to Quikr include OfferUp, Zhuanzhuan, Baltic Classifieds Group, Carousell, 5miles and Vend Marketplaces.
How many companies has Quikr acquired?Quikr has acquired 16 companies, including GoZefo, DoSeat, India Property Online, HDFC Developers and HDFC Realty.
What was the largest acquisition by Quikr?The $200M acquisition of CommonFloor in January 2016 is the largest acquisition Quikr has made to date.
How many companies has Quikr invested in?Quikr has invested in 1 company, including HeatMap, Inc.
What was Quikr's last investment?In August 2024, Quikr invested in HeatMap, Inc's $4M seed round alongside Sharma Brands, PowerOne Capital Markets Limited, Pari Passu Venture Partners and 6 other investors.

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