The Nokia and Ebay-backed online listings platform has raised a late-stage round at a $1bn valuation, taking its overall funding to about $350m.
Quikr, the India-based, corporate-backed operator of an online classified listings site, confirmed the close of a $150m funding round today.
The round featured alternative asset manager Steadview Capital and existing investors including investment firms Tiger Global Management and Kinnevik. A report in the Wall Street Journal last month stated that the round would be raised at a valuation of about $1bn.
Quikr’s online listings platform covers around 1,000 Indian cities and attracts more than 30 million unique users each month.…
