Quikr raises $ 90 million

Quikr, a Mumbai-based online and mobile classifieds player, has raised $90 million (nearly Rs 550 crore) in a fresh round of funding led by Swedish private equity fund, Kinnevik.

 The other big investors who have invested in this Mumbai-based online player include private equity players like Warburg Pincus, Norwest Venture Partners, Ebay and Nokia Growth Partners.

Pranay Chulet, Founder- CEO, Quikr "We are excited that Kinnevik has invested in our operations.”