The Ebay and Nokia-backed classified listings service has already raised almost $200m, but could use the imminent funding to make acquisitions.
Quikr, an India-based online classified listings service that counts several corporates among its investors, will shortly close a $150m round at a $1bn valuation, the Wall Street Journal reported on Friday.
The round will include investment firm Tiger Global Management and alternative asset management firm Steadview Capital and could close as early as this week, a person familiar with the matter told the WSJ.
The WSJ’s article followed an earlier report by Indian finance news source the Economic Times, which…
