India Digest: Quikr close to acquiring Zefo; PayU eyes US-based Wibmo

Photo: Mint

Online classifieds platform Quikr is close to acquiring refurbished goods marketplace Zefo while Naspers-owned PayU is looking to buy online payments firm Wibmo.

Quikr close to acquiring Zefo

Online classifieds platform Quikr is said to have signed a definitive agreement to acquire Sequoia-backed refurbished goods marketplace Zefo for Rs 200 crore (around $28.5 million).

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