Quikr raises Rs130 crore from BCCL’s Brand Capital

Brand Capital has invested Rs.130 crore in Quikr India via 143,000 fully convertible debentures at Rs.9,038 apiece and one equity share of the same price.

As part of the deal, BCCL will also have to publish ads in its media properties such as ET Now and Times Now channels and The Times of India and The Economic Times newspapers for a predetermined number of years [source].