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Quikr makes strategic investment in Genesys arm A.N. Virtual Tech

Online classified portal Quikr has made a strategic investment in Genesys International's venture AN Virtual Tech. The development was disclosed in Bombay Stock Exchange notification. Genesys is the parent company of street-view and mapping portal WoNoBo. Genesys primarily works in the overseas market as a Geographical Information Systems (GIS) outsourcing company. It has worked for Microsoft’s search engine Bing and NAVTEQ. The company also works in areas like imagery acquisition, photogammetry, remote sensing, and data conversion among other things. WoNoBo added a property section in May 2014, allowing users to virtually navigate through streets and search for residential and commercial properties up for sale or rent. It also offers a street-view like 3D navigation within individual apartments and a 360 degree virtual preview of under-construction projects. "This investment by Quikr is a strategic move as it deepens its offerings in several verticals and consolidating its position in the…

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