After the latest investment of 90$ million last March, Quikr, the online and mobile classifieds giant in India, raised another 60$ according to an announcement yesterday. The investment is lead by Tiger Global Management, which makes a total of 8 investors in the Indian classifieds giant, the 7 other investors are Investment AB Kinnevik, Matrix Partners India, Nokia Growth Partners, Norwest Venture Partners, Omidyar Network, Warburg Pincus and eBay.
Lee Fixel, Tiger Global managing partner talking about this: “Quikr has grown rapidly to become one of India’s major classifieds players with a deep understanding of the local market,”
Up till now Quikr has managed to raise about 200 million dollars since March 2010 and is now competing with OLX in the indian classifieds market.
What is awesome is that you can start your own idea similar to Quikr in your own market easily using our classifieds script and get a chance to be one of the big players, you just need to start and keep believing in your idea until you turn it into a success.
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