India Property Online Pvt Ltd. has been acquired by Quikr
Bertlesmann and Mayfield, two private equity firms, have sold India Property Online Pvt Ltd. to Quikr.
India Property Online is a leading full-stack player in the online real estate space in South India. India Property offers comprehensive marketing solutions serving builders, real estate agents and home owners, to sell their properties, while offering a feature rich interface for property buyers to search, identify and transact properties that match their requirements. India Property Online has pioneered several innovations such as Assisted Property, 3D Virtual Tour, Gruhapravesh. The platform has over five million registered users with over 600,000 property listings and more than 8,000 builders and agents using the platform.
Quikr is an Indian classified advertising platform. It was founded by Pranay Chulet and Jiby Thomas in 2008. Headquartered in Bangalore, Quikr has listings in over 900 cities in India in categories such as mobile phones, household goods, cars, real estate, jobs, services and education.
Oaklins' team in India acted as the exclusive sell-side advisors to India Property Online. This was a first-of-its-kind transaction in the full-stack online real estate platform space. The team closed a complex transaction structuring challenges with multiple resident and non-resident investors.
Talk to the deal team
Oaklins YES Securities
Oaklins supports project management SaaS platform Rodeo Software in raising growth capital
Leading project management SaaS platform Rodeo Software has raised €7.5 million to accelerate global roll-out.Learn more
Baltcap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss
Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm Baltcap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.Learn more
Groupe OPEN Nederland has been acquired by management
The management of Groupe OPEN Nederland has acquired the company from French-listed Groupe Open SA.Learn more