It’s Quikr vs everyone else in home services market!

With Rs 250 crores waiting to be invested, Quikr is surely taking the stakes higher in India's home services market. The Bengaluru-based mobile and online classifieds company has plans in place, to become the largest player in the space which has competitors like against Amazon-backed Housejoy, UrbanClap and Sulekha.

The money would be spent on product development, including technology and building in-house supply. Not to forget, marketing campaigns and strategic investments in start-ups are also in the pipeline.

"We have grown this business organically till now as we already have a lot of transacting users, so we don't need to spend as much on customer acquisition," PD Sundar, who leads QuikrServices, told ET. A benefit that Quikr has over its competitors comes in the form of other verticals that it owns. For example, a house rented through QuikrHomes could get synced services from QuikrServices on the same platform.

Over the past two years, Quikr has raised $300 million and has Tiger Global, Matrix Partners, Warburg Pincus and Kinnevik as major shareholders.

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