Quikr raises ₹55 cr debt from InnoVen to grow operations

Firm to use funds to scale transaction business across verticals

Several start-ups are opting to raise funds via the venture debt capital route as against traditional equity funding

Aakanksha Ahuja aakanksha.a@livemint.com NEW DELHI

Quikr India Pvt. Ltd, which runs an online classifieds and services portal, has raised ₹55 crore in debt financing from Temasek-owned InnoVen Capital to grow its operations. It follows the 2016 raising of ₹130 crore by Quikr in venture debt from Brand...

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