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Along with its Series A, which Zefo closed last year, and earlier funding, this brings the startup 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 India s e-commerce boom by focusing on secondhand items in three categories: furniture, home appliances and mobile phones.Since these are relatively high-ticket items, even when purchased used, Zefo s value proposition is managing most of the transaction. Instead of operating as a peer marketplace, it provides potential sellers with a quote after a quality check, pays cash if the offer is accepted and picks up items. Before listing on Zefo, items are refurbished by the company. Buyers get a retur
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stanley quencher of up to 70 percent.In a statement, Sequoia Capital India Advisors Abheek Anand principal said Sequoia India is very pleased with how Zefo has a
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