Transforming Commerce with Quikr
In the bustling tech hub of Bengaluru, Karnataka, two enterprising entrepreneurs, Jiby Thomas and Pranay Chulet, embarked on a journey to revolutionize the way Indians buy and sell goods and services. They are the founders of Quikr, a free classifieds and online marketplace platform in India that enables users to effortlessly sell, buy, rent, and discover a wide range of products and services. Founded in 2008, Quikr has risen to prominence as a key player in the classifieds, e-commerce, and marketplace industries. The platform boasts a workforce of 1001-5000 employees and has secured a remarkable $424,214,622 in funding through 12 rounds with the backing of 15 investors, including Norwest Venture Partners, Tiger Global Management, Matrix Partners, eBay, and Coatue.
The entrepreneurial journey of Jiby Thomas and Pranay Chulet is a tale of innovation, determination, and a profound understanding of the evolving needs of consumers in the digital age. Their idea for Quikr was born from the realization that while India was rapidly advancing technologically, there was still a significant gap in the way people conducted commerce, both online and offline.
Quikr was conceptualized as a solution to these challenges. The platform provides a user-friendly, trusted, and efficient marketplace where individuals and businesses can easily list and discover products and services, ranging from real estate and jobs to electronics and home appliances. Quikr’s intuitive interface and features make it convenient for users to connect and transact with confidence.
What sets Quikr apart is its commitment to simplifying the buying and selling process. The platform offers a diverse array of categories, ensuring that users can find what they’re looking for or reach a broad audience when selling items. It’s a hub where individuals can transform unused items into extra cash or find unique and affordable deals.
Jiby Thomas and Pranay Chulet’s journey with Quikr also embodies the principles of social entrepreneurship. By creating a platform that connects millions of Indians with an easy and effective way to transact, they have contributed to economic growth and job creation across the country.
Quikr’s vision and commitment to facilitating commerce stand as an inspiring example of entrepreneurship that benefits individuals and society as a whole. In a world where convenience and accessibility are paramount, the work of these entrepreneurs offers a model for others to create positive change through social entrepreneuring, ensuring that commerce in India evolves to meet the needs of a digital-savvy population.
Subscribe with us to get your dose of interesting news, research & opinions in the startup segment. Fill the form below: [email-subscribers namefield=”YES” desc=”” group=”Public”]