# Zero Effort Technologies Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zero-effort-technologies-pvt

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.gozefo.com
- Total disclosed funding: $21M
- Latest round: Series C (Sep 25, 2018)
- Investors on record: 4

## About

Zero Effort Technologies Pvt Ltd is an innovative company focused on revolutionizing online classifieds, enabling seamless transactions and enhancing user engagement through advanced technology solutions.Founded in 2015, Zero Effort Technologies Pvt Ltd is headquartered in Bangalore, India, and specializes in online classifieds services. The company has undergone strategic changes, including its acquisition by Quikr India Pvt Ltd in April 2019 for INR 2 billion, enhancing its capabilities in the pre-owned goods market. The founders, Arjit Gupta and Nir Adar, have been instrumental in steering the company towards its current operational model. Zero Effort Technologies Pvt Ltd operates an online classifieds platform that facilitates the buying, selling, and renting of various categories such as automobiles, electronics, fashion, home appliances, and real estate. Users can post free advertisements, connecting buyers with sellers across over 1200 cities in India. The platform supports both B2C and C2C transactions, catering to individuals and small to medium-sized enterprises while promoting verified advertisements to enhance user trust.For the year 2023, Zero Effort Technologies Pvt Ltd reported revenues of INR 0, with an EBITDA loss of INR -111,249.6. Revenue is generated via various transactional structures, including premium advertising options for businesses and individual sellers, enhancing visibility and engagement.Zero Effort Technologies Pvt Ltd plans to leverage its recent acquisition by Quikr India Pvt Ltd to expand its pre-owned goods business. This includes the anticipation of launching new product offerings and enhancing market reach within India. The funding from the recent ADD-ON round, which raised INR 2 billion, will support these initiatives and drive growth in new geographical regions.

## Funding rounds

- Series C, Sep 25, 2018, $3M — Hong Shan, Helion Venture Partners, FJ Labs
- Series C, Jun 6, 2017, $11M — Hong Shan, Helion Venture Partners, BEENEXT
- Series C, Jul 23, 2016, $4.5M — Hong Shan, Helion Venture Partners, BEENEXT
- Series B, May 5, 2016, $1M — Helion Venture Partners, BEENEXT
- Series A, Oct 1, 2015, $0.8M — Helion Venture Partners

## Investors

- Helion Venture Partners (https://capitalatlas.ai/funds/helion-venture-partners) — Series A, Series B, Series C
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series B, Series C
- Hong Shan — Series C
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series C