Add-on Acquisition • Internet Software and Services

Quikr Acquires Indian Realty Exchange

On November 6, 2015, Quikr acquired internet software and services company Indian Realty Exchange

Acquisition Context
  • This is Quikr’s 1st transaction in the Internet Software and Services sector.
  • This is Quikr’s 1st transaction in India.

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M&A Deal Summary

Date November 6, 2015
Target Indian Realty Exchange
Sector Internet Software and Services
Buyer(s) Quikr
Deal Type Add-on Acquisition

Target Company

Indian Realty Exchange

Delhi, India
Indian Realty Exchange (IRX) is a mobile first aggregator of real estate agents. IRX tags agents and brokers with real time projects and locations and also helps users connect with them to buy and sell property.
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Buyer Overview 1

Buyer

Quikr

Mumbai, India

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Quikr is a multi-category online classifieds and transaction services company. Quikr's internet and mobile platform provides individuals and small businesses across the country an opportunity to sell, buy, rent and offer goods and services across variety of categories including jobs, real estate, auto, used goods, electronics, education, and entertainment. Quikr was founded in 2008 and is based in Mumbai, India.


Deal Context for Buyer #
Overall 1 of 12
Sector: Internet Software and Services 1 of 9
Type: Add-on Acquisition 1 of 12
Country: India 1 of 12
Year: 2015 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-30 maxHeap Technologies Pvt.

Bengaluru, India

maxHeap Technologies Pvt. Ltd. (CommonFloor) is a provider of CommonFloor a platform of a private portal for people in residential communities.

Buy $200M