About Zefo
Zefo is a company based in Bengaluru (India) founded in 2015 was acquired by Quikr in March 2019.. Zefo has raised $21.24 million across 5 funding rounds from investors including Quikr, Peak XV Partners and FJ Labs. The company has 17 employees as of March 30, 2024. Zefo operates in a competitive market with competitors including FabX, Get my Couch, Refabd, EazyFurnish and Sofify, among others.
- Headquarter Bengaluru, India
- Employees 17 as on 30 Mar, 2024
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Zero Effort Technologies Private Limited
- Date of Incorporation 02 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$878.67 K (USD)7.31as on Mar 31, 2021
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Net Profit
$-644.34 K (USD)85.46as on Mar 31, 2021
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EBITDA
$-374.42 K (USD)90.68as on Mar 31, 2021
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Total Equity Funding
$21.24 M (USD)
in 5 rounds
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Latest Funding Round
$80 K (USD), Series B
Mar 14, 2024
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Investors
Quikr
& 13 more
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Employee Count
17
as on Mar 30, 2024
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Acquired by
Quikr
(Mar 11, 2019)
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Sales and Marketing
1 people
QC Team
1 people
Head Team
1 people
Manager Team
1 people
Team Team
1 people
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Funding Insights of Zefo
Zefo has successfully raised a total of $21.24M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $80 thousand completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $80,000
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First Round
First Round
(01 Oct 2015)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series B - Zefo | Valuation |
investors |
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| May, 2018 | Amount | Series B - Zefo | Valuation | Helion Venture Partners , FJ Labs | |
| Jun, 2017 | Amount | Series B - Zefo | Valuation | Peak XV Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zefo
Zefo has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Quikr, Peak XV Partners and FJ Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early to late-stage venture capital is invested in Indian sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zefo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zefo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zefo Comparisons
Competitors of Zefo
Zefo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FabX, Get my Couch, Refabd, EazyFurnish and Sofify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Refurbished furniture is retailed online with buyback guarantees.
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| domain | founded_year | HQ Location |
Online platform for purchasing furniture, beds, dining sets, and decor items.
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| domain | founded_year | HQ Location |
Operates a digital hub for buying used furniture and home appliances.
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| domain | founded_year | HQ Location |
Operates a digital marketplace specializing in second-hand furniture sales.
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| domain | founded_year | HQ Location |
A mobile-first marketplace for buying and selling pre-owned furniture.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zefo
Frequently Asked Questions about Zefo
When was Zefo founded?
Zefo was founded in 2015.
Where is Zefo located?
Zefo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Zefo a funded company?
Zefo is a funded company, having raised a total of $21.24M across 5 funding rounds to date. The company's 1st funding round was a Series B of $9.34M, raised on Oct 01, 2015.
How many employees does Zefo have?
As of Mar 30, 2024, the latest employee count at Zefo is 17.
What is the annual revenue of Zefo?
Annual revenue of Zefo is $878.67K as on Mar 31, 2021.
What does Zefo do?
Zefo was established in 2015 in Bengaluru, India, as an e-commerce platform focused on used goods. Multi-category items, including consumer electronics and furniture like sofas, chairs, tables, and storage units, are handled through a consignment model. Products are inspected for damage, verified for quality, and refurbished before listing. Since April 2018, collaboration with Rentmojo has enabled rental options for these items to users.
Who are the top competitors of Zefo?
Zefo's top competitors include FabX, Get my Couch and Refabd.
Who are Zefo's investors?
Zefo has 14 investors. Key investors include Quikr, Peak XV Partners, FJ Labs, Helion Venture Partners, and Sequoia Capital.
What is Zefo's valuation?
The valuation of Zefo is $60M as of May 2018.