Quikr raises Rs.55 crore in venture debt financing from InnoVen Capital

Date posted: Friday 7 December 2018

Online classifieds company Quikr has raised Rs.55 crore in venture debt financing from InnoVen Capital, the Temasek-backed specialty financing firm. Bengaluru-headquartered Quikr, which is valued at over $1 billion, will use the proceeds from the debt funding round to scale its businesses across its multiple verticals.

(ET Tech)