Quikr, a cross category classifieds business, has acquired Stepni, a platform that connects vehicle owners with service providers nearest to them for an undisclosed sum.
This will enable the company strengthen its service offerings under QuikrCars, its vertical that focuses on all types of automobiles including cars, bikes and commercial vehicles. It also opens cross-selling opportunities for QuikrServices, the company’s vertical that provides a range of services to consumers, the company said in a statement.
Founded by Vinay Singh and Nikhil Nair in October 2015, Stepni has helped consumers with their vehicle servicing needs in Bengaluru through a partner network of over 125 service centres across the city.
“Stepni’s business model will now allow us to develop a longer term relationship with car owners,” Atul Tewari, head of QuikrCars and COO, Quikr said.