Quikr Mauritius Holding Pvt Ltd, which operates the Indian classified platform Quikr.com, raised $90m in funding.
The round was led by Kinnevik, which invested $39.3m, with participation from current investors Matrix Partners, Nokia Growth Partners, Norwest Venture Partners, Omidyar Network, Warburg Pincus and eBay Inc.
The company intends to use the funds to continue to grow in the next years.
Led by CEO Pranay Chulet, Quikr is an Indian horizontal classifieds platform with more than 30m unique visitors and 100m visits per month. Individuals and businesses access the platform to sell, buy, rent or find products and services in a variety of categories such as electronics, cars, bikes, real estate, services, jobs, education and entertainment.
FinSMEs
13/03/2014
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