Quikr buys Grabhouse in all stock deal

Quikr buys Grabhouse in all stock deal. An Indian classified advertising platform Quikr announced to acquire an online home rental solutions provider, Grabhouse in an all-stock deal giving investors Sequoia Capital and Kalaari Capital stake in Quikr to strengthen its own service.  It is the Quikr’s ninth acquisition in this year. Quikr did not disclose the value of the deal.  Grabhouse will function as a

separate entity under the ownership of Quikr, it will give Quikr buys Grabhouse in all stock dealQuikr an entry into the managed rentals service, where customers pay the company on a per-bed/per-room basis for moving into a fully furnished home.

Quikr :

♦ Founded: 2008

♦ Founder & CEO : Pranay Chulet

♦ Headquarters: Bengaluru