India: Commonfloor-Quikr deal signals onset of flat valuations, tougher fundraising climate

India: Commonfloor-Quikr deal signals onset of flat valuations, tougher fundraising climate

Visual from CommonFloor website

After months of repeated and somewhat indignant denials, Bengaluru-based property search platform Commonfloor.com has finally said that it is being acquired by Quikr India Pvt. Ltd. A joint statement issued on Thursday says that CommonFloor will merge with QuikrHomes, the real estate offering from the Mumbai-based online classifieds player.

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