Cashless managed rentals
QuikrHomes recently announced the launch of its cashless managed rentals solution with the acquisition of Grabhouse, India’s leading digitally-driven home rental solutions provider.
This strategic move will help the company address an acute pain point in India’s real estate market with a solution that does not involve any cash payments. As part of this, Quikr will integrate Grabhouse’s products and technology stack into QuikrHomes while also reaping strong synergies the business has with its other verticals.
The managed rental homes model operates on top of a broader rental marketplace which offers the largest inventory of PGs and peer to peer rentals in India. The marketplace is present in 11 cities and has served 700,000 customers to date. — ANI
