Quikr

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Quikr is an India-based online marketplace that allows people to post and respond to free local classifieds for apartments, cars, jobs, services, used goods, events and more.

Why We Invested

A fast growing online classifieds company in India, Quikr enables people of all economic segments to engage in transactions, trade, and discussion. Its easy-to-use online marketplace helps people address their day-to-day needs by locating goods and services in their locality or finding a buyer or recipient for their own offerings. The site even enables people to meet new friends or advertise local events.

India is one of the world’s largest and fastest growing emerging economies, and an increasing proportion of its urban and rural population is going online. Yet hundreds of millions of individuals in India have yet to benefit from the Internet. By providing people with access to economic opportunity via online transactions, Quikr helps diverse populations find empowerment in new places. A small business owner, for example, might use the site to recruit high-quality workers, a homemaker can start cooking or dance classes in her spare time, or a rural farmer might generate new income by selling used goods.