Zefo, a Bangalore, India-based used furniture and appliances marketplace, raised $9m in Series B funding.
The round was led by from Sequoia Capital India, Helion Venture Partners and Beenext.
The company intends to use the funds to company to expand operations and its business reach beyond Bangalore, Delhi, Gurgaon Noida, and Mumbai.
Co-founded by Rohit Ramasubramanian, Himesh Joshi, Karan Gupta and Arjit Gupta, Zefo is an e-commerce platform for used sofas, beds, dining tables, tables, chairs, storage, office, TVs, washing machines, ACs, etc.
Buyers can browse an extensive selection of quality unboxed & pre-owned products while sellers can get cash upfront for their products.