BUSINESS BRIEF
The company specializes in premium refurbished smartphones, particularly high-demand models like the iPhone 11, 12, 13, and 14 series. Each device undergoes rigorous quality checks, with over 50 inspections to ensure top-tier performance and reliability
- The company offers a 6-month warranty, a 7-day easy return policy, and free shipping to enhance customer satisfaction
- the company has direct presence in 60+ retail stores including Apple premium resellers
- 15000+ units are sold in FY 24
- It has 20,000 sqft state-of-the-art facility
Unique Value Proposition:
- A centralized processing system ensures consistency in quality across all products.
- Strict standard operating procedures are followed to maintain exceptional standards
Partnerships:
- Unicorn (Apple premium resellers)
- Flipkart
- Amazon
- Croma
- Reliance Digital
- Cashify and more
Products & Services
Refurbished smart Phones
Proposal
Industry
Electronics/Mechatronics
Sub Industry
Consumer Electronics
Nature of Business
B2B, B2C
Sector
Manufacturing (Contract Manufacturing)
Location
India
Region
Northern
Open For Dilution
5 %
Top Customer
Ask
INR 8 Cr
End use of fund
- Working Capital and Contigency-15%
- Marketing and Branding- 35%
- Talent and Capacity- 30%
- Technology and Analytics- 20%
Business Operation Information
Financial Information |
2024 (in INR Cr) | 2023 (in INR Cr) | 2022 (in INR Cr) |
|---|---|---|---|
Sales |
14.37 | 2.94 | 2 |
EBITDA |
|||
PAT |
N.D |