India: Quikr ceases to be unicorn after valuation markdown by AB Kinnevik

India: Quikr ceases to be unicorn after valuation markdown by AB Kinnevik

Photo: Mint

Stockholm-headquartered investment firm AB Kinnevik has yet again marked down the value of its 17 per cent holding in Indian online classifieds company Quikr at $96.9 million (SEK 941 million) as on December 31, 2019.

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