01 Aug 2015
Swedish investment company Kinnevik has acquired an additional $20 million U.S. (Rs. 127 crore) stake in Quikr, the general classified site in India, through a secondary share purchase. The investment makes Kinnevik the No. 1 shareholder in Quikr.
"This purchase is consistent with Kinnevik's goal of owning more of its highest potential companies, and reflects the continued progress of Quikr in wh