Quikr Services is an online classified advertising platform connecting buyers and sellers, boasting over 30 million monthly active users as one of India’s premier marketplaces. Operating under an innovative business model that blends classified ads with transaction services.
Quikr offers customers QCash rewards for making transactions on its platform, which they can redeem for cash or use towards services provided by its network of partners.
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What is Quikr?
The company’s platform allows users to buy, sell, rent, and find nearly anything imaginable – homes, cars, jobs, or advertise their business among its many uses. Its user-friendly interface makes posting ads simple, while the app keeps everything clean so users can post quickly. Plus, there’s an active community to help find excellent bargains!
“Aasan hai bandana” perfectly captures today’s modern Indian spirit and appeals to youth and aspirational buyers looking to enhance their lives. With an established presence across India and many local communities using its services, Adhaar’s revenue model includes advertising, premium listings, and lead generation.
Quikr, founded by Pranay Chulet and Jiby Thomas, is an online marketplace and classifieds service for electronics, household goods, automobiles, real estate listings, jobs listings, and more. Headquartered in Bengaluru with operations nationwide. Critical verticals for Quikr are Quikr Bazaar for consumer goods; QuikrCars for cars and bikes; QuikrHomes for residential and commercial property listings; QuikrJobs offering blue and grey collar jobs as well as daily/long-term services provided through QuikrJobsJobsJobs services listings.
Quikr Doorstep is an incredible service, but buyers should ensure they talk to sellers using it for the first time to understand any hidden charges or costs involved in using this feature. If they do not, contact the help desk immediately so this fee can be deducted from bid amounts; otherwise, it could cause misunderstanding and lead to disputes later. Furthermore, buyers should always reach out before entering any deals.
Quikr is an online marketplace.
Quikr, an online classifieds website, provides an invaluable platform for buyers and sellers to connect and exchange products and services safely and securely. Users can search for what they need or list items they no longer wish for sale – as well as payment processing and delivery services provided. It operates in various countries, including India and the US.
Quikr provides classified ads services and premium listings that enable users to make their ads more visible and reach a broader audience. Premium listings tend to get more views than free ads and may generate leads more effectively. Both personal and business accounts can take advantage of them. Furthermore, Quikr also provides its users with mobile applications.
Revenue growth at Alibaba Group has been driven by new product commerce, where small merchants list their goods on the site and compete directly against larger online retailers like Flipkart and Amazon for customer share. Their annual gross merchandise value is estimated to reach $3 billion.
Quikr is expanding into new categories by creating cars, jobs, homes, and services verticals. This strategy will allow Quikr to identify additional sources of revenue while counteracting competition from venture capital-backed firms in these segments.
Pranay Chulet, an IIM Calcutta and IIT Delhi graduate, started the company. Since its creation, it has raised over $346 million from investors like Investment AB Kinnevik, Tiger Global Management, Warburg Pincus, Matrix Partners India, and Norwest Venture Partners-NVP – with employees rating it highly for Work-Life Balance with an outstanding rating of 3.6 out of 5, and year-on-year growth at 230%! Based out of Bangalore in India.
Quikr is a classified ad website.
Quikr is an online classified ads website that enables users to buy and sell goods and services. The site includes sections for electronics, household items, cars and bikes, real estate jobs, and other categories, as well as discussion forums and blogs to facilitate users who can buy locally and nationally.
Pranay Chulet was inspired by Craigslist in America and created an Indian version. In 2008 he unveiled Quikr as a cross-category classifieds platform in India; today, the site hosts 12 million listings that generate 20 million monthly responses across consumer goods, cars, real estate, jobs, and jobs for blue-collar and white-collar workers.
Apart from its main website, the company also provides mobile apps and social media sites like Facebook to make connecting easier online. Their website can be found in multiple languages, including Hindi and Telugu; there’s even an exclusive marketplace dedicated to sellers promoting their goods or services.
The business model of Shopee includes two customer groups, customers looking for products in an aggregated marketplace and small businesses who seek ways to increase online visibility. Their revenue streams include advertising, premium listings, and lead generation.
The user of PayTM services is primarily located in India; operations cover over 1,000 cities and towns surrounding mobile phones, household goods, cars and bikes, jobs services education. It is paid for by eBay Tiger Global Management Nokia Growth Partners, Steadview Capital Matrix Partners India, and partnering with other e-commerce players that add extra value for its users.
Quikr is a job portal.
Quikr is a classifieds platform that enables people to buy, sell and rent in categories such as furniture, mobile phones, cars & bikes, services, pets, real estate jobs, matrimonial services, etc. Quikr also provides various free tools designed to meet everyday needs by connecting users quickly, simply, and effortlessly.
Quikr’s business model caters to online shoppers and sellers seeking increased exposure in an aggregated, diverse marketplace. Revenue for Quikr comes from charging specific sellers a fee for premium listings that appear higher on search results – similar to Olx or other classified apps.
In 2021, India’s premier online marketplace, CommonFloor, had 30 million monthly unique visitors and was among India’s top five marketplaces with several key acquisitions such as Babajob and Hiree for job listings, Zimmber Salosa Zapluk in-home services; CommonFloor Indian Realty Exchange Grabhouse for real estate services and Stepni for car services.
Quikr will offer grocery and food delivery to its users, competing directly with on-demand platforms such as Zomato and Swiggy. Partnering with local restaurants and stores to provide these services will enable Quikr to introduce them gradually across major Indian cities – similar to other classified ads sites such as OLX or Craigslist – while quickly growing. It recently acquired AdWords from Google, which can increase advertising revenues.
Quikr is a hyperlocal marketplace.
Quikr is an online marketplace where individuals can buy and sell products and services in their local area. Its user-friendly interface makes it simple for people to locate what they’re searching for; furthermore, its mobile app enables browsing and shopping while on the move. Having received numerous positive reviews from its customers who find Quikr reliable and efficient.
Quikr’s business model relies on three revenue streams: advertising, premium listings, and lead generation. Quikr gives users and businesses premium listings to place their ads higher in search results, giving them an edge over competing classified ad sites. Furthermore, Quikr has expanded its services by partnering with other businesses to offer consumers home repair and cleaning services.
Quikr has recently unveiled its latest service, Quikr Nxt, an instant messenger that allows buyers and sellers to communicate through chat. This is a fantastic way of connecting with others in your community while making purchasing or selling items easier.
Quikr offers one of the most sought-after services: grocery and on-demand food delivery. This has become increasingly popular with customers and has helped increase Quikr’s market share in the FMCG sector – competing successfully against services like Zomato and Swiggy.
Quikr has become an immense success since it launched, growing significantly and receiving investments from significant investors like eBay, Tiger Global Management, Nokia Growth Partners, Steadview Capital Investment AB Kinnevik Omidyar Network Matrix Partners India, and Warburg Pincus.