Quikr completed the acquisition of India Property.

Quikr, an Indian classified advertising platform, completed the acquisition of India Property, a full-stack real estate platform based out of Chennai. Financial terms were not disclosed. "With $180bn market potential, Indian real estate is one of the largest sectors of the economy. Since verticalization of our business, we have looked at both organic and inorganic ways to go deeper in this strategically important category. The strong base of India Property in Southern states and its full-stack model will help us grow our transaction business while also adding to our classifieds base," Pranay Chulet, Quikr Founder and CEO.