Quikr acquires real-estate platform India Property
The acquisition signals Quikr?s strategy to build the transaction business on top of classifieds
- New Delhi: Online classifieds platform Quikr has acquired Chennai-based startup India Property Online Private Limited, a real estate platform, for an undisclosed amount, the company said in a statement on Monday.
- Founded in 2012, India Property offers in-depth information on property buying, selling and renting.
- The startup backed by venture capital fund Bertelsmann India Investments and Mayfield has also built an analytics platform using street-level transaction data for residential properties and covers 5 million properties in south India.
- The Tiger Global-backed Quikr operates in segments such as real estate, auto, jobs, goods and services.