India

Tiger Global helps Quikr raise $65 million

For Pranay Chulet, founder-CEO of India’s headline-grabbing online classifieds website, Quikr.com, a dogged determination to succeed against odds comes naturally. He did not have a science teacher till the tenth grade in his government-run school at a dusty zinc-mining outpost in the poverty-stricken state of Rajasthan. Yet, he secured a seat at the prestigious Indian Institute of...

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$90 million investment lifts Quikr

zv7qrnb By Sourish Bhattacharyya A consortium of companies led by Investment AB Kinnevik of Sweden has pumped $90 million (U.S.) into privately held Quikr.com, the online classifieds and mobile commerce venture in India, keeping up the steady flow of funding into the country’s Internet retail business. Quikr’s valuation has now gone up to more than $250 million, according to The Economic...

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Take a quik look at Quikr’s new offices

We’ve taken you into the offices of InfoEdge in India, parent company of Naukri.com, 99Acres.com and other classifieds businesses. (See CIR 15.01, Jan. 16.) And we’ve taken you into the “Sahiplex,” the headquarters of Sahibinden in Turkey. (See CIR 14.20, Oct. 30, 2013, Page 82.) Now, courtesy of the EconomicTimes section of IndiaTimes.com, here’s a great look at the new offices of...

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Quikr Attracts US $32 Million Private Equity Investment

Quikr Attracts US $32 Million Private Equity Investment Published May 25, 2012 *Quikr Attracts US $32 Million Private Equity Investment* * * *Warburg Pincus leads the round with participation from Matrix, Norwest and eBay* Quikr Blog, May 22: Quikr is India’s largest horizontal classifieds platform with 17 million unique individuals and small businesses using it across 83 cities every month....

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India Expected to Become the World’s 3rd-Largest Light-Vehicle Market by 2020

Published June 13, 2011 *J.D. Power and Associates Reports:* *India** Expected to Become the World’s Third-Largest Light-Vehicle Market by 2020; However, Profits Not Likely to Match Two Largest Markets, China and the United States* *India**’s Auto Market Will Not Reach Its Full Potential until It Overcomes Its “Three Deficits”: Trade, Budget and An Underdeveloped...

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[India] China & India Show Most Job Growth, Says New Asia Employment Outlook

*Going Global’s Asia Employment Outlook: China and India Are Best Places For Job Seekers* * * April 21, 2011 (Mobile, AL) – In today’s global recession, China and India are among the best places for job hunters to seek employment, according to the new Asia Employment Report from Going Global www.goinglobal.com, the leading provider of country-specific employment information. China and...

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