Pre-owned goods marketplace Zefo raises Rs 60 crore in Series B

Online marketplace for pre-owned furniture and appliances Zefo has raised Rs 60 crore in Series B from existing investors Sequoia India, Beenext and Helion Ventures. The Bengaluru-based startup plans to focus on core operations, including warehousing and logistics.

Zefo was founded in 2015 by Rohit Ramasubramanian, a former Helion Venture Capital executive, IIT graduates Karan Gupta and Himesh Joshi, and ex-Flipkart and ex-Amazon executive Arjit Gupta. Last year they raised Rs40 crore from the same investors.

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