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Quikr close to acquiring Zefo in all-stock deal

Online classifieds platform Quikr has entered into a definitive agreement to acquire refurbished goods marketplace Zefo for Rs 200 crore (about $28.5 million) in an all-stock deal. Bengaluru-based Zefo, founded in 2015, is among the bigger players in the second-hand refurbished products market. The company specializes in quality check, repair and refurbishment for products across categories such as TVs, mobile phones and furniture, among others. 

Read More at The Economic Times News date : 12 Mar 2019, Tuesday

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