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Innoven Capital invests Rs 55 crore venture debt in Quikr

Friday, December 7, 2018, 9:26 AM

Venture debt firm Innoven Capital said it has invested Rs 55 crore in Quikr India Pvt Ltd, which runs online classifieds and services portal. The investment comes at a time when the company is looking to raise $150 million from venture capital firms. Pranay (Chulet) and the Quikr team have built some market leading vertical platforms, all of which have significant runway for growth.