Qarmatek is an Electronic Refurb and Repair company with a vision to reorganize the secondhand market by providing exemplary customer services and Refurbish phones with quality that can give new phones a run for their money. See more

Basic Information

Qarmatek is a refurbished and renewed electronics category player. Their unique, integrated centralized repair business model enabled them to forge an API level connection with big brands. It has facilities located in Ahmedabad, Mumbai, Kolkata and Bengaluru. With one of the lowest industry TATs of 7 days, they ensure total process automation, transparency and reliability for clients as well as their customers. Apart from major devices and appliances, they can also carry out repair at a component level on small and micro equipment and devices. Their strength lies in managing, warehousing, logistics, fulfilment, repair and spare parts. See more

Legal Name

:

Qarmatek Services Pvt. Ltd.

Headquarters

:

Ahmedabad, Gujarat, India

Business Model

:

B2C, 

B2B2C, 

D2C 

Founding Date

:

2011

No. of Employees

:

501 to 1000

Core Team

:
1.

Krunal Shah

Co-Founder

2.

Arun Hattangadi

Founder and Director

3.

Mitul Shah

COO

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Target Market

B2C

Qarmatek is an Electronic Refurb and Repair organisation with a vision to reorganise the secondhand market by providing exemplary customer services and Refurbish phones with quality that can give new phones a run for their money. Concluding its recent Seed A funding round, Qarmatek is set to amp up the scale of procurement and sales by introducing AI & ML techniques that shall reduce the hassle and time involved in customer buyback with uncompromising quality and functional parameters and also pushing into Tier 2 & Tier 3 cities that comprise of aspirational customers of high end device at discounted prices.

User Age

:

18 to 25, 26 to 34, 35 to 45

User Income

:

Lower-middle Income, Upper-middle Income

Funding

Total Funding

$3.0M

Investors

:

1.

Caspian Debt

2.

GVFL

Detail Round Breakdown

Round 1

$3M

Series Name

:

SERIES-A

Date

:

18th Jan 2022

Investors

:
1.

GVFL

2.

Caspian Debt