In episode 22 of Shark Tank India Season 3, ReFit Global, a startup specializing in refurbished phones, made a splash by securing a deal that left the Sharks impressed. Founders Avneet Shetty and Saket Saurav presented their innovative business model and secured an investment of ₹2 Crore for 1% equity, valuing the company at ₹200 Crore. Learn the reasons behind their success in this video! For more quick updates like this, subscribe to our channel!
About ReFit Global:
ReFit Global, founded in 2017 by Avneet Singh and Saket Saurav, has emerged as a leader in India's refurbished electronics market. With a commitment to sustainability, ReFit Global has made significant strides in reducing e-waste by recycling and refurbishing second-hand gadgets. Their meticulous 47-point quality check ensures that each device meets high standards of reliability and performance. Having sold over 1.75 million units, the company is on a robust growth trajectory, projecting revenues of Rs 240 crore for the current year. Their success story was further highlighted when they secured a Rs 2 crore deal on Shark Tank India, showcasing the viability and potential of the refurbished market in India.
Join Us For all the latest updates about startups, preipo and unicorns.
Keep yourself updated with the market situation.
Join us on Facebook
Contact us at +91 7065560002 via Whatsapp/Normal call
Or Mail us at help@planify.in
⬇️ Download the app for easy access. Links are given below: