Quickr dives into aggressive expansion mode

The company is all set to dive deeper into four categories including real estate, jobs, services and cars. The company is now valued at USD 1 billion after a fresh round of fund infusion.

After having raised USD 150 million from its existing investors on Tuesday, online classified portal Quikr is now on an aggressive expansion mode.

The company is all set to dive deeper into four categories including real estate, jobs, services and cars. The company is now valued at USD 1 billion after a fresh round of fund infusion. Speaking exclusively to CNBC-TV18's Poornima Murali, Quikr says it does not rule out acquisitions in the future.

Pranay Chulet, Founder and CEO, Quikr, says: "As a Company, we are at a very interesting juncture. We have always been a technology and products-centric company. Our technical innovation is to focus on mobiles."

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