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Quikr raises $150M from Tiger Global, AB Kinnevik and Steadview

Classifieds site Quikr has raised $150 million from existing investors Tiger Global and AB Kinnevik and new investor Steadview Capital, reports ET Tech. The company said that it plans to use the capital raised to further invest in its mobile business and strengthen its leadership in categories like goods, cars, real estate, jobs and services. This round of funding comes just a few months after Quikr raised $60 million investment led by Tiger Global, with participation from other investors including  Kinnevik, Matrix Partners India, Nokia Growth Partners, Norwest Venture Partners, Omidyar Network, Warburg Pincus and eBay Inc, in September last year. The company had said then it would use this investment for product development and further expansion of its mobile business. The company had also raised $90 million in a round led by Kinnevik in March last year. Overall this…

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