Quikr acquires commonfloor for $200 Million

By | December 1, 2015

Quikr has been in news for quiet sometime now. It wasn’t too long ago when there were rumors about Quikr trying to buy Housing to back their new initiative, Quikr Homes. However, latest advancements saw Quikr discussing deal terms to acquire Commonfloor and if the sources are to be believed, Quikr has acquired commonfloor for $200 Million in stock deal which will see commonfloor top management joining Quikr board.

The discussion around this deal has been on for a while, according to an Economic Times report, the main point of discussion was the price negotiation which was in the range of $120 Million to $200 Million. After the latest funding round in January, Commonfloor was valued at $200 Million.



Author: Kunwar Prithvi Singh Chauhan

Kunwar Prithvi Singh Chauhan, popularly known as Kiddo in surroundings is a teenage entrepreneur and a public speaker. He loves to explore new places, taste new dishes, make new friends and read awesome content. +KunwarPrithvi