Classifieds site Quikr raised SEK 346m ($40.55 million) in April, from its existing investor AB Kinnevik, the company announced in its Q1 results presentation. At that time, the company had raised $150 million from existing investors Tiger Global and AB Kinnevik and new investor Steadview Capital. The company had said that it would use the funds to invest in its mobile business and strengthen its hold in categories like goods, cars, real estate, jobs and services. An NDTV report from last week claims that Kinnevik acquired an additional $20 million stake in Quikr through a secondary share purchase. A VCCircle report stated that Kinnevik is currently the single largest shareholder in Quikr, while new investors have also bought shares from existing shareholders. Quikr had raised $60 million investment led by Tiger Global, with participation from other investors including Kinnevik, Matrix…
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