Quikr Secures $150M in Series H Round from Tiger Global, Steadview and Others

Image Source: GooglePlayStore

Image Source: GooglePlayStore

Online and mobile classifieds site Quikr has raised $150 million in a series H round of funding from its existing investors, including Tiger Global Management, Swedish VC fund Investment AB Kinnevik and Hong Kong-based Steadview Capital.

As per an e27 report, the raised funding will go towards Quikr’s mobile business and in key categories including goods, cars, real estate, jobs and services. The company claims to have 30 million consumers.

In September 2014, Quikr had raised USD 60 million led by Tiger Global with participation from Warburg Pincus, Omidyar Network, eBay Inc , Kinnevik, Matrix Partners India, Nokia Growth Partners and Norwest Venture Partners.  Founded in 2008 by Pranay Chulet and Jiby Thomas, the company has received a total funding of $346 million in 6 rounds from 9 investors.