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Quickr sand

With its multiple acquisitions, the online-classifieds company bit off more than it could chew

In mid-2015, the top brass of Tiger Global, a venture capital firm known for its aggression, was in Bengaluru to meet the promoters of CommonFloor. It was one of India’s largest real estate portals and had received an investment of $30 million from Tiger the previous year. The relationship dated back to 2012, when Tiger first invested and since then had taken part in every round of funding, with this being the fourth.