Online classifieds portal Quikr India Pvt. Ltd on Friday said it has acquired Indian Realty Exchange (IRX, incorporated as 123 Startup Ventures Pvt. Ltd), a real estate agent aggregator, for an undisclosed amount to strengthen its real estate vertical QuikrHomes.
With its latest round of funding ($60 million) in September, Quikr strengthened its push in five business segments—automobiles, real estate, jobs, services and customer-to-customer sales—to explore new sources of revenue. These five categories account for about 90% of the 10 million listings on the platform.