Swedish investment firm Kinnevik has led the charge in pooling together funds for Indian classified advertisements portal Quikr.
A total of US$90 million was raised with Kinnevik contributing US$39.3 million and Quikr’s principal current investors – Matrix Partners, Nokia Growth Partners, Norwest Venture Partners, Omidyar Network, Warburg Pincus and eBay – pitching in the remainder.
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