As FY17 turned to a close, the Tiger Global and Kinnevik AB-backed unicorn saw its QuikrJobs platform reach breakeven. Under the jobs umbrella, Quikr includes QuikrJobs (blue collar), Hiree (acquired in 2016 for white collar market entry) and QuikrPro (B2B transaction model between recruitment consultants and hiring clients). Industry experts believe that a lead in the blue-collar market has largely been due to Quikr's focus on a crisp product offering that enables higher traction for the portal. "The size of the blue-collar business (within the jobs market) is very small. "But going beyond that and making a significant mark in the white collar business is going to be difficult."

Source: Economic Times May 10, 2017 03:11 UTC