Online real estate firm QuikrHomes has acquired Bengaluru-based Grabhouse, a home rental marketplace with presence in 11 cities, and will integrate Grabhouse’s products and technology stack with itself.
Founded by Prateek Shukla and Pankhuri Shrivastava in July 2013, Grabhouse offers a managed rental homes model which comprises a range of fully furnished, ready-to-move-in apartments across four major cities.
The managed rental homes model operates on top of a broader rental marketplace which offers the largest inventory of paying guests and rentals in India.
The marketplace is present in 11 cities and has served 700,000 customers to date.
Grabhouse will continue operations as an independent brand for managed rental homes. As part of the overall integration process, its founders and entire team will move to the Quikr HQ.
