New Delhi [India], Sep 9: Cross category classifieds business Quikr has acquired Stepni, a platform that connects vehicle owners with service providers nearest to them.
The strategic move strengthens the company’s 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.
“At QuikrCars, we believe there is an acute need and a large opportunity for someone to innovate in the auto buying selling space in India. Over the last couple of years, we have turned QuikrCars into the country’s leading auto platform that cuts across new and used car transactions in new cars, we are working closely with OEMs to address their marketing needs, and in used cars, we are by far the number one destination for inspected, consumer-owned cars,” said Head of QuikrCars and COO Quikr, Atul Tewari.
“Stepni’s business model will now allow us to develop a longer term relationship with car owners as opposed to only at the point of buying-selling. We plan to scale vehicle maintenance services to all major cities over the next three months,” added Tewari.
Stepni’s founders and team will join QuikrCars with immediate effect. The overall platform integration will help QuikrCars consumer’ s to shortlist service providers that can ensure the best service for their vehicle within five km of their location.
“Teaming up with Quikr brings tremendous possibilities for our business model on the demand side and it will help to scale the platform seamlessly across multiple cities. We look forward to combining our experience in the vehicle maintenance domain with Quikr’s scale and reach to make vehicle services convenient and affordable for all,” said Co-Founder Stepni, Vinay Singh. (ANI)