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Sunday, May 7, 2017

Quikr acquired Zimmber for $10 million

Quikr has acquired on-demand services player Zimmber for $10 million. This acquisition will help Quikr accelerate its growth in household services and continue to progress towards its goal of organizing this fragmented category.

Head of QuikrService PD Sundar said, Zimmber has a good presence in Mumbai, Delhi and Pune in terms of having built a supply network for handyman services. This is relevant for us to offer a deep experience to customers since it has a good amount of repeat usage and has a good entry point for consumers to come on board to Quikr through QuikrServices. This category perfectly complements our existing marketplace solution for one-off service needs such as interior design, packers and movers etc.

Also read: Rainmatter invested Rs 1.5 crore in Balance Technology

The acquisition will see over 1500 service providers of Zimmber get onto the Quikr platform.

As part of the deal, Zimmber's COO Amit Kumar and Chief Product Officer Siddhartha Srivastava will join Quikr's team. CEO Anubhab Goel will be joining the financial services corporate industry in the role of a mentor to incubate startups for the company.

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