Quikr acquires home rental start-up Grabhouse

By: | Published: November 22, 2016 1:11 AM

Quikr, the online classified portal, has acquired home rental start-up Grabhouse in continuation with its policy of buying out competition.

Quikr did not disclose the financial terms involved in acquiring Grabhouse. (Website)Quikr did not disclose the financial terms involved in acquiring Grabhouse. (Website)

Quikr, the online classified portal, has acquired home rental start-up Grabhouse in continuation with its policy of buying out competition. It had earlier acquired companies like Commonfloor, Hiree, Stayglad etc in a bid to give momentum to its growth story. Quikr did not disclose the financial terms involved in acquiring Grabhouse. The company said the latest acquisition will enable them to launch cashless managed rental solutions through Quikrhomes.

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