[dropcap]I[/dropcap]n a strategic acquisition, online classifieds player Quikr has acquired an on demand in-home beauty services provider, Salosa. This acquisition is a part of Quikr’s plan to invest Rs 250 crores in its home services vertical, ‘QuikrServices’.
PD Sundar , head of QuikrServices, said, “Beauty services market is close to USD 5 billion in India and is growing which is evident from the increasing number of requests we see from Tier-I and Tier-II cities on our platform.”
This investment will enable the company go deeper and faster in key categories under QuiksrServices, Quikr said in a statement.
“QuikrServices has 250,000 service providers offering over 80 types of services for consumers and is being used by 1, 00,000 customers every day,” Quikr said.
Founded by Ex-P&G professionals, Piyush Dhanuka and Anurag Nair, Salosa was launched in September 2015.
Salosa, which has been a partner to QuikrServices, will further look to strengthen its beauty services offerings with enhanced additions like stylists that have undergone a rigorous process of quality and background checks along with required training, it added in the statement.
