According to the report, the investment has been made with non-convertible debentures and the newly acquired funds will be going to be used for expansion of the market and also to meet working capital needs.
At present, it is providing services in Mumbai, Bangalore, Pune, Hyderabad, Chennai, Ahmedabad, and New Delhi. Some other startups in this category include the GreenDust, Zoomo, Cashify, Budli, Zefo, and others.
The startup also offers on-demand mobile repair services for water damage, software problems, power issues, broken glass, etc. Apart from these,
The startup has claimed that so far, they have repaired more than 60,000 smartphones and has served more than 1,20,000 customers. In 2017,
Picture Credits: Yaantra