Online classifieds company Quikr has acquired home services startup Zimmber for about $10 million in an all-stock deal, reported Livemint.

Mumbai-based Zimmber is Quikr's tenth acquisition since its inception. In home services vertical only, Quikr has made four acquisition in the last 12 months, in an attempt to strengthen its position in the segment.

Quikr, which is valued at about $1.5 billion, had acquired home beauty start-ups Zalosa, Zapluk and Stayglad in quick succession last year. The company had committed an investment of Rs250 crore in January last year to expand the category.

Founded in April 2014, Gaurav Shrivastava, Anubhab Goel and Amit Kumar, Zimmber has so far raised about $7.4 million from venture capital firms including IDG Ventures, Aarin Capital and Omidyar Network, as well as angel investors including InMobi co-founders Naveen Tewari, Mohit Saxena and Amit Gupta, and the former managing director of Jabong, Praveen Sinha.

Quikr had recently acquired GrabHouse, an online accommodation rental startup, and had also acquired in-home beauty startups Salosa, Zapluk and Stayglad in quick succession last year.

Apart from Zimmber, Quikr had earlier acquired an another IDG Ventures' portfolio startup -- Hiree [Read here].

Between June 2015 and March 2016, Zimmber itself had acquired few fistful startups such as laundry startup Dhulai, white-collar service provider FindYahan, and home beauty service provider Glamnfit.

Notably, More than 270 home services startups have emerged in India in the last five years, according to Tracxn, a start-up tracker -- however only few have been able to raise significant funds from VC funds, and among these startups are -- UrbanClap and HouseJoy, which have so far raised $35 million and $27 million respectively.

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