Quikr, The India’s No. 1 cross category classifieds business now finally officially announced that Quikr acquires CommonFloor.com India’s leading real estate platform that combines property search, apartment management and vendor management. Quikr officially announced that they have merged CommonFloor.com with its real estate vertical QuikrHomes. From a very long time the talk between the two Online real estate companies were going on but it was not yet official but today it is clear as they have officially announced. Quikr acquires CommonFloor.com in undisclosed amount, but there is rumors going on that the deal is done in $200 million. But officially there is no announcement regarding the amount.
Quikr & CommonFloor.com gave the hint of acquisition with their twitter account, which is now a days is like a fashion to make any announcement or say it a trend. Quikr Twitted Hey @commonfloor where are you? Here is the Conversation between them.
CommonFloor.com was launched in 2007 by Sumit Jain an IIT Roorkee Alumni. CommonFloor.com has been funded by Accel Partners, Tiger Global and Google Capital. Whereas Quikr’s is funded by many like Warburg Pincus, Kinnevik, Tiger Global Management, Matrix Partners India, Norwest Venture Partners, Nokia Growth Partners, Steadview Capital. So, it will be interesting to see both CommonFloor.com & QuikrHomes Growth and market share now.
Source: CommonFloor.com Blog
Three men who genuinely do not like each other agreed on something this weekend. That…
Apple usually gives Indian buyers one small consolation at launch time. New phone comes in…
Michelin started selling the Primacy 5 in India on 3 August. It is the first…
At around 2 pm on Saturday, 25 July, police fired tear gas shells at protesters…
Last Updated: 24th July 2026:- Something strange has happened in Indian politics this year. A…
If you hold an engineering diploma and have ever considered serving the nation in uniform,…
