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Zefo, an online store for secondhand goods, gets $9.2M Series B led by Sequoia India

Zefo, an online store for secondhand goods, gets $9.2M Series B led by Sequoia India
From TechCrunch - October 5, 2017

Zefo, which bills itself as Indias fastest growing used goods marketplace, said today that it has raised $9.2 million in Series B funding. The round was led by returning investors Sequoia India and Helion Venture Partners, with participation by Beenext.

Along with its Series A, which Zefo closed last year, and earlier funding, this brings the startups total raised so far to almost $16 million, according to Crunchbase.

Zefo currently operates in Bangalore, Mumbai and Delhi and distinguishes itself from other companies in Indias e-commerce boom by focusing on secondhand items in three categories: furniture, home appliances and mobile phones.

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