India’s Quikr lands $60 million U.S. for product development
18 Sep 2014
Clearly, Swedish investment company Kinnevik believes in the Indian general classifieds site Quikr.com: it just injected another $15 million U.S. in the company. In total $60 million U.S. was invested by a group of existing shareholders, including Tiger Global Management and Kinnevik. The fresh capital will be used for product development and to support its fast-growing mobile business.