Venture Capital
Quikr—the online classifieds portal —plans to raise funds from both existing and new investors at a $1 billion valuation. : Bengaluru: Quikr India Pvt Ltd, which runs an online classifieds and services portal, is in talks to raise between $100 million and $150 million by keeping its record valuation of $1 billion, said three people familiar with the matter. Quikr plans to raise the fresh funds from both existing and new investors, said the people mentioned above, requesting anonymity. Mint could not immediately identify the potential new investors. “Quikr is trying to raise the round at the $1 billion valuation.

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