Quikr acquires Bengaluru-based startup Stepni

Hyderabad: Online classified firm Quikr has acquired Stepni, a Bengaluru-based platform that connects vehicle owners with service providers nearest to them. The 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. Founded by Vinay Singh and Nikhil Nair in October 2015, Stepni has helped thousands of consumers with their vehicle servicing needs in Bengaluru through a partner network of over 125 service centers across the city.

“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.

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,” Atul Tewari, Head of QuikrCars and COO, Quikr, said in a release on Wednesday.