We are tapping into the large market of recycling old phones and buying refurbished phones. Our main USP is full one-year warranty and an unmatched customer service that our customers rave about. We have been able to reach new customers through Instagram, Whatsapp, YouTube, and our website as well as via exhibitions and word of mouth. Starting with a seed money of just Rs. 2,000, we made profit of more than Rs. 50,000. On an average, we buy an old phone in Rs. 1,000, refurbish at Rs. 500 and sell it at Rs. 3,000 for a profit of Rs. 1,500. So far we have refurbished 40 phones and sold more than 30. We plan to grow our business in multiple dimensions: begin a refurbished product line for iPhones, Tablets, Laptops, etc., and expand our online business. We need investment to build an initial inventory of a few refurbished iPhones, tablets, laptops, and other accessories. We also need to hire additional technicians for refurbishing laptops, buy professional packing equipment, increase advertising and strengthen our Mobisite brand.

State : Delhi

Gender : Other

Sector : Retail & E-commerce

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