Quikr acquires beauty services provider Salosa
Press Trust of India Bengaluru Online classifieds player Quikr today said it has acquired Salosa, an on demand in-home beauty services provider.
It said this strategic acquisition is a part ofQuikr's plan to invest Rs 250 crore in its home servicesvertical, 'QuikrServices'.
Thisinvestment will enable the company go deeper and faster in keycategories under QuikrServices, Quikr said in a statement.
Salosa which has been a partner to QuikrServices will further strengthen its beauty services offerings with stylists that have undergone a rigorous process of quality andbackground checks along with required training, it added.
Founded by Ex-P&G professionals, Piyush Dhanuka and Anurag Nair, Salosa was launched in September 2015.
Head of QuikrServicesPD Sundar said: "Beauty services market is close to USD 5 billion in India and is growing which is evident from theincreasing number of requests we see from Tier-I and Tier-II cities on our platform.
"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.