Quikr Denies Talks Of Acquiring Used-Goods Marketplace Zefo
According to reports, it will be an all-stock deal costing approximately $28.5 Mn. Quikr has acquired 14 startups till date to strengthen its various verticals. Some notable startups acquired by Quikr are Babajob, Commonfloor, Hiree and Zimmber.;
- Following the acquisition, Sequoia-backed Zefo will reportedly continue to operate as a separate entity.
- This startup manages its end-to-end operations, including product refurbishment and repairs of its sold products, in order to ensure a higher degree of standardisation.
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