EDITIONS
Funding

Pickme receives Series A investment from Mumbai Angels, Bangalore Angels & Chennai Angels

Team YS
17th Apr 2013
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Pickme e-Solutions India, a Mumbai-based company co-founded by Praful Wadyalkar (CEO) and Wilbert Raj (COO) received Series A funding from the three angels group. Pickme provides doorstep pick-up, technical assistance and drop of gadgets from consumer to authorized service channel for repair and ensures their safe return to consumers post repair.

Anil Joshi, president, Mumbai Angels, said that Pickme caters to a very unique but simple daily problem for consumer and manufacturers. “We believe that Pickme addresses a real need for both consumers and manufacturers at a time when dependence on gadgets has increased phenomenally. A technology enabled service solution for gadgets redefines the service experience for millions of gadgets lovers.”

The Bangalore Angels Group were also convinced of Pickme India smart solution since it offers convenience to consumers at their doorstep and takes away the pain of getting the gadget repaired personally. Whereas the Chennai Angels Group viewed Pickme India as a high quality early stage company with potential for sustainable scalability and profitable growth.

"We are happy to have an investor like Mumbai Angels as an integral part of Pickme India. Mumbai Angels not only provided us with seed capital but brought in lot of value add on board by connecting right people in the industry and leading this investment consortium between 3 angel groups,” said Praful. Pickme India an our effort to bring “doorstep concierge concept” in gadget care, to save precious time and effort. Praful said the investment would be used scale and offer great value add to the consumers across India.

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