Online classifieds platform Quikr has posted a 55% increase in net revenue at ₹64 crore in the financial year 2016-17 as compared to ₹41.2 crore in the previous fiscal. The company also revealed its losses reduced to ₹305 crore from ₹534 crore for the same period, as per filings. So far, the company has raised over $430 million risk capital.