Quikr Acquires Stayglad

IAS Prelims 2023

Online classifieds platform, Quikr has acquired Stayglad, a marketplace for beauty services.

Stayglad with around 100 employees, would be merged with AtHomeDiva – a home beauty service of QuikrServices.

Stayglad is the third firm that Quikr has bought in the beauty segment, after Salosa and Zapluk.

In addition, Quikr has acquired three firms in real estate – Realty Exchange, a mobile-first aggregator of real estate agents; real estate analytics platform RealtyCompass and CommonFloor.

It also has one acquisition each in auto and jobs segment – Stepni and Hiree, a white-collar focused recruitment firm.

Quikr has raised $346 million in six rounds from investors such as Tiger Global, Warburg Pincus and Norwest Venture Partners.