wordpress blog stats
Connect with us

Hi, what are you looking for?

Quikr acquires ZapLuk to expand its beauty & wellness service

woman-girl-beauty-mask

Online classifieds site Quikr has acquired on-demand beauty & wellness services startup ZapLuk for an undisclosed amount. The acquisition will allow Quikr to expand its recently launched home beauty services brand AtHomeDiva, which comes under its QuikrServices offering. Zapluk is an on-demand mobile app that helps users discover and book appointments for beauty and wellness services  straight to their homes, offices or hotels.

Note that AtHomeDiva was launched after Quikr acquired another on demand beauty services provider Salosa for an undisclosed amount in May. The AtHomeDiva brand currently offers a range of in-home beauty and styling services including hair, skin, make-up services and special packages. These services are fulfilled by qualified beauty professionals. With two acquisitions—Salosa and ZapLuk—in the beauty & wellness services space, Quikr plans to expand AtHomeDiva to consumers in cities like Bangalore, Delhi, Mumbai, Chennai, Gurgaon and Hyderabad.

ZapLuk’s co-founder Lavanya Hariharan and a team of close to 50 stylists and professionals will now be a part of AtHomeDiva. Rest of the co-founders Manan Maheshwari, Mahesh Gogineni and CTO Varun MS will be pursuing other business interests, the company said in a statement. ZapLuk was founded in November 2015; it raised an undisclosed amount angel funding form a cluster of investors in December last year.  In June, the company announced a merger deal with Chennai-based salon service provider Pamperazi, as indicated by an Inc42 report.

Quikr Funding and Financials

Last week, Times Groups’s private treaty arm Brand Capital had invested Rs 130  crore ($19.4 million) into Quikr through convertible debentures. This was an ad-for-equity deal. In July 2015, the company raised $150 million from Tiger Global and AB Kinnevik to invest in its mobile business and strengthen its hold in categories like goods, cars, real estate, jobs and services. AB Kinnevik put $40.55 million in April during the same round of investment. The company’s financials up to 2014:

Advertisement. Scroll to continue reading.

quikrpvtltdfinancials

Previous Quikr Acquisitions

– Last month, Quikr acquired Hiree, an online hiring platform focused on white-collar jobs, for an undisclosed amount. The acquisition allows it to strengthen job vertical portal QuikrJobs.
– In May, Quikr had acquired on demand beauty services provider Salosa for an undisclosed amount to expand its personal care listings under its QuikrServices offering, while entering into newer cities.
– In January, Quikr acquired CommonFloor and merged it with its real estate vertical QuikrHomes. MediaNama had confirmed the merger earlier in November. However in this month, Quikr shut down offices of CommonFloor-owned roommate finder and home rental app Flatchat; an ET report said employees were given an option to quit without any severance pay, or move into another vertical under Quikr.
– In December last year, Quikr acquired the real estate analytics startup Realtycompass to boost its offerings in the real estate space.
– In November 2015, Quikr acquired mobile real estate agent aggregator Indian Realty Exchange for an undisclosed amount.
– In October 2015, Quikr made a strategic investment in Genesys International‘s venture AN Virtual Tech.

 

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.

News

When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

You May Also Like

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ