Quikr is a free classifieds and online marketplace in India that allows users to sell, buy, rent, and discover anything.
Quikr is an Indian online marketplace platform that was launched in 2008 by Pranay Chulet and Jiby Thomas. The platform provides a platform for users to buy and sell various items including electronics, furniture, vehicles, real estate, and services.
It has become one of the largest online classifieds platforms in India with over 30 million monthly active users.
Quikr is available through its website as well as mobile apps, which can be downloaded from the Google Play Store and the App Store. The platform is designed to be user-friendly and easy to use, allowing users to search for and find items that they are interested in purchasing.
Pranay Chulet is an Indian entrepreneur and the founder and CEO of Quikr, a leading online classifieds platform in India. He is known for his innovative business ideas and strategic vision, which have helped Quikr become one of the most successful startups in India.
Chulet grew up in Rajasthan, India, and attended the Indian Institute of Technology, Delhi, where he earned a bachelor’s degree in mechanical engineering. After completing his undergraduate studies, he went on to earn a master’s degree in business administration from the Indian School of Business.
Details of the startup:
- City: Bengaluru
- Started in: 2008
- Founders: Jiby Thomas, Pranay Chulet
- Industries: Classifieds, E-Commerce, Internet, Marketplace, Rental Property
- Number of employees: 1001-5000
- Funding amount: $424,214,622
- Number of funding rounds: 12
- Number of investors: 15
Spire Founder – What inspired you to start Quikr?
Pranay Chulet – I started Quikr because I saw a huge gap in the market for a platform that could connect buyers and sellers of used goods in an easy and efficient way. I wanted to make the process of buying and selling second-hand items as simple and transparent as possible.
Spire Founder – What are some of the biggest challenges you have faced as CEO of Quikr?
Pranay Chulet – One of the biggest challenges has been to constantly innovate and stay ahead of the curve. The market is very dynamic and we need to be able to adapt quickly to changes in consumer behavior and preferences. Another challenge has been to build a strong team that is able to execute our vision.
Spire Founder – How has Quikr evolved since its inception?
Pranay Chulet – Quikr has evolved significantly since its inception. We started out as a platform for buying and selling used goods, but have since expanded to include services such as real estate, jobs, and cars. We have also introduced new features such as instant messaging and online payments to make the user experience more seamless.
Spire Founder – What sets Quikr apart from other online classifieds platforms?
Pranay Chulet – Quikr is a platform that is designed for the Indian market. We have a deep understanding of the needs of Indian consumers and have tailored our services to meet those needs. We also have a very wide range of categories, which allows us to cater to a broad range of consumer preferences.
Spire Founder – How does Quikr ensure the safety and security of its users?
Pranay Chulet – We take the safety and security of our users very seriously. We have a number of measures in place to protect our users, including a robust verification process for all listings and a dedicated team that monitors the platform for fraudulent activity.
We also have a user rating system that allows buyers and sellers to rate each other, which helps to build trust within the community.
Spire Founder – How does Quikr generate revenue?
Pranay Chulet – Quikr generates revenue through advertising and paid listings. We also offer premium services such as home delivery and professional photography, which generate additional revenue.
Spire Founder – What is Quikr’s vision for the future?
Pranay Chulet – Our vision for the future is to be the go-to platform for all consumer needs in India. We want to be the one-stop shop for everything from buying and selling goods and services to finding a new job or a place to live.
Spire Founder – How has the COVID-19 pandemic impacted Quikr?
Pranay Chulet – The COVID-19 pandemic has had a significant impact on Quikr, as it has on many businesses. However, we have been able to adapt quickly and have introduced new features such as online payments and contactless delivery to ensure that our users can continue to transact safely during these challenging times.
Spire Founder – What advice would you give to aspiring entrepreneurs?
Pranay Chulet – My advice to aspiring entrepreneurs is to have a clear vision and to be persistent in pursuing that vision. You will face many challenges along the way, but it is important to stay focused on your goals and to be willing to take risks and learn from your mistakes.
Spire Founder – What are some of the key trends you see in the Indian e-commerce market?
Pranay Chulet – One of the key trends we are seeing in the Indian e-commerce market is the rapid growth of mobile commerce. More and more people are using their smartphones to shop online, and this trend is expected to continue in the coming years.
We are also seeing a growing demand for hyper-local services, such as home services and on-demand delivery, as consumers look for more convenience and flexibility in their lives.
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