Wednesday, September 17, 2014

#Quikr raises $60 million funding

#Quikr raises $60 million funding
Quikr has secured a $60 million investment led by new investor Tiger Global Management, a global investment firm, with participation from its current investors.

Current investors include Kinnevik, Matrix Partners India, Nokia Growth Partners, Norwest Venture Partners, Omidyar Network, Warburg Pincus and eBay Inc.

The new funding will be used by the company to invest in product development as well as further expansion of its fast growing mobile business.