M&A Deal Summary

Quikr Acquires Beawel Tech Pvt.

On May 10, 2016, Quikr acquired internet software and services company Beawel Tech Pvt.

Acquisition Highlights
  • This is Quikr’s 4th transaction in the Internet Software and Services sector.
  • This is Quikr’s 5th transaction in India.

M&A Deal Summary

Date 2016-05-10
Target Beawel Tech Pvt.
Sector Internet Software and Services
Buyer(s) Quikr
Deal Type Add-on Acquisition

Target

Beawel Tech Pvt.

Gurgaon, India
Salosa is a web based platform to help customers book on-demand in-home beauty & styling services by connecting them with verified & certified beauticians / stylists.

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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 5 of 12
Sector (Internet Software and Services) 4 of 9
Type (Add-on Acquisition) 5 of 12
Country (India) 5 of 12
Year (2016) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-08 CommonFloor.com

Bangalore, India

CommonFloor.com is India’s major online real estate platform that combines property search, apartment management, and vendor management solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-25 Hiree

Bengaluru, India

Hiree is an online hiring platform focused on white collar jobs. Hiree was formed in 2014 and is based in Bengaluru, India.

Buy -