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Quikr raises Rs 20 crore in Series B funding; appoints Pranay Chulet as CEO

Quikr Mauritius, the holding company of Quikr India that runs an online classifieds site Quikr.com, has raised Rs 20 crore in second round of funding led by new investor Omidyar Network and participated by existing investor Matrix Partners India. Quikr India has also appointed Pranay Chulet as chief executive officer.

Quikr Mauritius, the holding company of Quikr India that runs an online classifieds site Quikr.com, has raised Rs 20 crore in second round of funding led by new investor Omidyar Network and participated by existing investor Matrix Partners India. Quikr India has also appointed Pranay Chulet as chief executive officer.

Quikr.com offers its services in 18 cities across India and claims to have more than 1.5 million users. “We are impressed by Quikr’s tremendous growth,” Matt Halprin, partner, Omidyar Network, has said. “As it expands to new users, Quikr is enabling more people in India to engage online, connect with one another and exchange affordable goods and services, creating positive social impact while delivering excellent financial returns.”

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