Another Startup Quikr To Hit Billion-dollar Valuation In India, Asia's Top Ecommerce Market

As investors scramble to plow money into India’s on-fire ecommerce sector, Asia's top and one of the world's fastest growing, another Indian ecommerce player is set to enter the ‘billion dollar club’. Online classifieds startup Quikr is now valued at $1 billion with a fresh round of fund infusion of $150m from existing investors like Tiger Global and EBay as well as new investor, Steadview Capital, reports say.