Online classifieds platform Quikr has purchased home services marketplace Zimmber for an undisclosed amount.
The online platform looks to grow deeper into the home services space.
Zimmber is Quikr’s tenth acquisition and offers a marketplace for plumbers, electricians, carpenters and cleaning agents.
The company will continue to function independently of the parent company’s own services.
The acquisition allows us to further scale Quikr to deep stack service capabilities.
Zimmber had raised nearly $7.5 million from investors such as IDG Ventures and Omidyar Networks.
The company raised its last round of $5 million in July 2016 and is suspected of having run out of money, leading to a sale.
While co-founder Amit Kumar will make the move to Quikr along with founding member Siddhartha Srivastava who serves as the CPO, the rest of the founding team have exited the business.
Quikr had acquired real estate portal CommonFloor in a $200 million deal which it announced in January this year.
Quikr: Know More- Founder: Pranay Chulet
- Founded: 2008
- CEO: Pranay Chulet (Jul 2009–)
- Location: India
- Headquarters: Bengaluru
- Major Subsidiaries: Commonfloor, Blitzkrieg Technology Private Limited
