M&A Deal Summary

Quikr Acquires maxHeap Technologies Pvt.

On November 30, 2015, Quikr acquired internet software and services company maxHeap Technologies Pvt. for 200M USD

Acquisition Highlights
  • This is Quikr’s 2nd transaction in the Internet Software and Services sector.
  • This is Quikr’s largest (disclosed) transaction.
  • This is Quikr’s 2nd transaction in India.

M&A Deal Summary

Date 2015-11-30
Target maxHeap Technologies Pvt.
Sector Internet Software and Services
Buyer(s) Quikr
Deal Type Add-on Acquisition
Deal Value 200M USD

Target

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.

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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 2 of 12
Sector (Internet Software and Services) 2 of 9
Type (Add-on Acquisition) 2 of 12
Country (India) 2 of 12
Year (2015) 2 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-06 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-03 RealtyCompass

Chennai, India

Blitzkrieg Technology Pvt. Ltd. (dba RealtyCompass) is an online real-estate analytics platform provider.

Buy -