Online Classifieds startup Quikr Indian Pvt Ltd, is likely to acquire home service startup Zimmber which run under the name of Rejuvenate Solutions Pvt. Ltd, for $10 million (Rs 64.2 crore) in an all-stock deal. With this acquisition, Quikr will strengthen its position in the segment. This will b…
Tag: Kinnevik
Investment firm Kinnevik raises Quikr valuation
Bengaluru: While several Indian startups in recent times have seen their valuations being marked down by mutual funds holding shares of those firms, online classifieds firm Quikr’s valuation has been raised to $1.47 billion by one of its investors, Kinnevik, in its latest quarterly report. …