hyperXchange is India&s;s fastest growing O2O marketplace for premium refurb gadgets
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Pune
State: Maharashtra
Zip:
Country: India
hyperXchange is poised to become the world&s;s largest online 2 offline re-commerce marketplace for premium electronics gadgets. On the supply side, proprietary tech platform uses analytics and deep learning to diagnose, revalue and certify old gadgets, enabling accurate refurbishment, and resulting in industry-first 12 month comprehensive warranty. On the demand side, unique combination of online demand generation and offline distribution-led model ensures fast asset-light growth. Hyperxchange leverages the 3000+ strong national retail network of its strategic investor to quickly scale on the ground in each region - enabling easy availability and efficient recycling of hyperlocal inventory. hyperXchange ATMs at select retail points enable a fully automated experience for consumers to sell their phones and get cash on the spot. hyperXchange unmanned vending machines, on the other hand, provide an unique experience for consumers to buy hyperXchange products at transit points like airports.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2018 | Series A | $1M |
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