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Quikr, India’s Spin On Craigslist, Gobbles Up $32M From Warburg Pincus, eBay & More
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Quikr, India’s largest online and mobile classifieds portal, announced today that it has raised $32 million in series E financing, led by New York City-based private equity giant Warburg Pincus. The company’s existing investors, which include Matrix Partners, Norwest Venture Partners and eBay, also participated in the funding.
The investment is Quikr’s fifth and largest financing to date, following an $8 million raise in May 2011, led by Nokia Growth Partners, Norwest and eBay. The latest capital infusion brings Quikr’s total funding to $46 million.
source: http://feedproxy.google.com/~r/Techcrunch/~3/NtZ8HyESXOs/
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