Mobile Phones Company Investment Opportunity in Gurgaon, India
Company selling refurbished devices to clients seeks investment.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3 million |
| Run Rate Sales | USD 4.7 million |
| EBITDA Margin | Nil |
| Industries | Mobile Phones + 1 more |
| Locations | Gurgaon |
| Local Time | 9:18 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
690 thousand
for
7.0%
stake
(Native Currency: INR 60,000,000)
Reason: Need funds for further growth and expansion.
- We are advisors representing our client on the platf...
View More
Includes physical assets worth
USD
46 thousand
Documents
Pitch Deck
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Business Overview
- Rs 43 Crores ARR, grown 10x in the last two years.
- Rs 3.6 Crores revenue in the current month.
- Over 1 lac smartphones and 10 lac spares sold.
- Closed last year at Rs 25.8 crores revenue.
- 20,000+ retailers onboarded across 7 states - Punjab, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, Bihar, and Delhi NCR.
- Key Partners include Flipkart, Amazon, Servify, Cashify, Croma, Xiaomi, and Croma.
- B2B marketplace platform for refurbished devices.
- The company is an early mover in the Tier 2, 3, and beyond for the refurbished smartphone market and its platform successfully integrates the existing extensive retail footprint of phone sellers and repair kiosks, enabling the end consumers with quality and affordable smartphones.
- With a presence in 7 states, and 35+ cities sourcing smartphones from 10+ brands, we have sold 1,00,000+ smartphones through its retail tech platform wherein over 20k retailers have already been onboarded.
- We aim to accelerate India’s digital adoption by making buying and selling renewed devices easier across channels and becoming a trusted, reliable, and eco-friendly brand in the refurbished consumer electronics space.
- Our sales have increased due to an increase in clientele.
- Rs 3.6 Crores revenue in the current month.
- Over 1 lac smartphones and 10 lac spares sold.
- Closed last year at Rs 25.8 crores revenue.
- 20,000+ retailers onboarded across 7 states - Punjab, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, Bihar, and Delhi NCR.
- Key Partners include Flipkart, Amazon, Servify, Cashify, Croma, Xiaomi, and Croma.
- B2B marketplace platform for refurbished devices.
- The company is an early mover in the Tier 2, 3, and beyond for the refurbished smartphone market and its platform successfully integrates the existing extensive retail footprint of phone sellers and repair kiosks, enabling the end consumers with quality and affordable smartphones.
- With a presence in 7 states, and 35+ cities sourcing smartphones from 10+ brands, we have sold 1,00,000+ smartphones through its retail tech platform wherein over 20k retailers have already been onboarded.
- We aim to accelerate India’s digital adoption by making buying and selling renewed devices easier across channels and becoming a trusted, reliable, and eco-friendly brand in the refurbished consumer electronics space.
- Our sales have increased due to an increase in clientele.
Products & Services Overview
Spares supply chain.Sourcing, refurbishing & sale of phones.
Automated diagnostics.
Integrated platform.
(B2B) for retailers &
Suppliers.
Assets Overview
Tangible assets include laptops, printers, desktops and office furniture.
Facilities Overview
Own office is located in sector 26 of the city on 2 floors.
Capitalization Overview
Received investment of INR 7 crores at a pre-money valuation of 40 crores from SOSV, Artesian, LV, Veda, IPV, and HNIs.- Company has 2 directors and is a debt-free company.
Recent Activity
-
Earlier than 15 daysManaging Director, Infrastructure & Technology, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Co Living Spaces, Chandigarh, Corporate Investor / Buyer connected with the Business
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