
<p>Quikr, the Mumbai-based online and mobile classifieds player, has raised $90 million (Rs548 crore) from several big-ticket investors led by Swedish private equity fund Kinnevik.</p><p>According to media reports, the other big investors who have funded the Quickr expansion plans are private equity firm Warburg Pincus, Norwest Venture Partners, E-bay and Nokia Growth Partners.</p><p>Last month, Ebay Inc led a $134-million investment in online marketplace Snapdeal, even as domestic online retailers such as Flipkart, Myntra, Jabong collectively raised more than $600 million in the past nine months.</p><p>The five-year-old company, founded by Pranay Chulet, educated in some of India's premier technology and management institutions, has so far raised $150 million in funds.</p><p><a href="http://www.domain-b.com/infotech/ebusiness/20140312_quikr.html">Keep reading...</a></p>