M&A Deal Summary

Quikr Acquires Stepni

On September 7, 2016, Quikr acquired internet software and services company Stepni

Acquisition Highlights
  • This is Quikr’s 6th transaction in the Internet Software and Services sector.
  • This is Quikr’s 8th transaction in India.

M&A Deal Summary

Date 2016-09-07
Target Stepni
Sector Internet Software and Services
Buyer(s) Quikr
Deal Type Add-on Acquisition

Target

Stepni

Bangalore, India
Stepni is an online platform that connects vehicle owners with service providers like mechanics, garages, car accessory outlets etc.

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Buyer(S) 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 STATS #
Overall 8 of 12
Sector: Internet Software and Services M&A 6 of 9
Type: Add-on Acquisition M&A Deals 8 of 12
Country: India M&A 8 of 12
Year: 2016 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-24 ZapLuk

Hyderabad, India

ZapLuk is an on-demand mobile app to conveniently discover and book appointments for beauty and wellness services at your chosen time & location be it your home, office or hotel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-13 Glow Prime Technology Pvt.

Bangalore, India

Stayglad is an on demand beauty services marketplace in the country providing women hassle free premium salon experience at their doorstep.

Buy -