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Quikr was initially launched as Akshay Mote India in August 1996.[6] Kijiji.in was owned by Kijiji International, an eBay subsidiary.
In 2008, Mumbai based venture capitalist, Matrix Partners India, invested in Kijiji India, following which Kijiji India was hived off Kijiji International and restructured as an independent company and re-branded as "Quikr", which was jointly owned by Matrix Partners and eBay Inc.[7]
In 2009, Quikr raised ₹20 crore.[9] In 2014, Quikr raised about $150 million,[10]
of which it raised a $60 million[11][12]
investment in a round led by Tiger Global with participation from several existing investors and raised $90 million[13]
in investment in a round led by Kinnevik.[14][15]
As of 2014, Quikr had raised a total of $350 million from 7 funding rounds.[16]
In January 2016, Quikr announced it had acquired the real estate portal commonfloor.com and would be merging it with its real estate division QuikrHomes.[18] As of December 2017, Quikr had completed 5 acquisitions for its real estate business.[19]
In July 2016, Quikr acquired the recruitment tech startup Hiree.com.[20]
In 2017, HDFC announced the sale of its subsidiaries HDFC Realty and HDFC Developers to Quikr India in an all stock deal that will give HDFC a 3 per cent stake in Quikr India in lieu of the sale of its stake in the two subsidiaries for Rs 357 crore.[21]
