Quikr, a Web-based classifieds platform that addresses the needs of local communities in 40 cities across India, completed a US$6m third round of funding.
Investors in the round include Norwest Venture Partners (NVP), Omidyar Network, Matrix Partners India and eBay Inc.
With this round of financing, Quikr has raised in excess of INR 50 crores in total investment since inception.
According to a press release, more than 8m consumers visit the Web site every month to buy, sell, rent or find things ranging from electronics to cars to real estate to jobs, and everything in between.
FinSMEs
01/04/2010