<p>Just like the name of his business, Pranay Chulet, founder and CEO of Quikr, accomplished the second round of fund-raising exercise in just over a couple of months from initiating the discussion with a set of investors.</p><p>India's leading cross-category classifieds platform, Quikr raised $90 million, majority of which was invested by Sweden-based Kinnevik, a growth markets-focused investment company.</p><p>"It did took a few months but we did not have to spend much time finalising this placement. I think like minded people always have a way to find each other and what worked for us is that Kinnevik has a good interest in the classifieds space. Besides, the fact that they know this business, they also liked what we were doing and it was a good meeting of minds," said Chulet.</p><p>Not following a stage-based funding, Chulet said it is a one-time transaction. "We don't believe in the practice of money coming in various tranches and it is a pretty straight-forward structure," he said.</p><p><a href="http://www.dnaindia.com/money/report-latest-fund-raise-may-be-last-for-quikr-1968843">Keep reading...</a></p>