Quikr raises Rs130 cr from BCCL's Brand Capital

Published by Metro India News Online on August 19, 2016 14:41:57 PM

Online classifieds platform Quikr has raised Rs130 crore from Bennett Coleman & Company Ltd's private equity investment arm Brand Capital.

The investment arm, which also holds stake in Snapdeal, is reportedly in talks to pick up stake in Flipkart for Rs500 crore.

Founded in 2008, Quikr currently focuses on five segments namely automobiles, real estate, jobs, services and customer-to-customer sales.