Quikr narrows FY19 losses to ₹230 crore on 74% revenue jump2 min read 27 Dec 2019, 03:17 PM IST
Quikr has so far raised more than $440 million from investors such as Warburg Pincus, Tiger Global, Norwest Venture Partners, and Omidyar Networks among others
Quikr's total expenditure stood at ₹436.83 crore in FY19, a 16% YOY increase compared to ₹375.95 crore expenses reported last year
BENGALURU : Online classifieds and services portal Quikr narrowed its losses to ₹230.04 crore in the financial year ended March 2019 from ₹237.43 crore loss a year ago. The Bengaluru-based startup reported a 74% year-on-year increase in revenues for FY19 to ₹191.22 crore, according to documents sourced from the Ministry of Corporate Affairs.
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