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
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- 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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People of Zefo
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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.
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.
| 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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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Venture capital firm investing in startups and providing support programs.
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Investor details for Zefo
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Investments & Acquisitions by Zefo
Investment portfolio details for Zefo
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Financial Statements - Zefo
Detailed financials for Zefo
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Zefo Comparisons
Peer comparison for Zefo
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Refurbished furniture is retailed online with buyback guarantees.
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Online platform for purchasing furniture, beds, dining sets, and decor items.
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Operates a digital hub for buying used furniture and home appliances.
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Operates a digital marketplace specializing in second-hand furniture sales.
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A mobile-first marketplace for buying and selling pre-owned furniture.
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Detailed competitors of Zefo
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Latest news on Zefo
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Frequently Asked Questions about Zefo
Zefo was founded in 2015.
Zefo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Zefo is a funded company, having raised a total of $21.24M across 5 funding rounds to date.
As of Mar 30, 2024, the latest employee count at Zefo is 17.
Annual revenue of Zefo is $878.67K as on Mar 31, 2021.
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.
Zefo's top competitors include FabX, Get my Couch and Refabd.
Zefo has 14 investors. Key investors include Quikr, Peak XV Partners, FJ Labs, Helion Venture Partners, and Sequoia Capital.
The valuation of Zefo is $60M as of May 2018.