Quikr Attracts US$32 Million Private Equity Investment (Asia)

Source: Quikr

Quikr, an Indian internet and mobile classifieds platform, has raised US$32 million in a financing round led by Warburg Pincus, a global private equity investor specializing in growth investments. Existing investors Matrix Partners India, Norwest Venture Partners and eBay also participated. Quikr will use the new capital to diversify its online and mobile offerings and strengthen its product development and marketing operations.