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second-hand phone: Rise in second-hand smartphone demand prompts brands to prevent unorganised market access

The demand for second-hand smartphones is on the rise, prompting brands and seller platforms to prevent old devices from reaching the unorganised market. Refurbished smartphone seller ReFit Global anticipates a 16% growth in the industry in 2024, following a 15% growth in 2023. E-commerce platforms and smartphone brands are collaborating with refurbishing companies to sell old devices directly, streamlining the process and preventing leakages.

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Refurbished Smartphones: Brands, seller platforms take steps to prevent leakage of refurbished phones into unorganised market, ET Telecom

Refurbished Smartphones: “Earlier, there used to be a bidding process to procure old devices from platforms. Now almost all of them are trying to make this a much more organised process,” said Saket Saurav, co-founder and CEO, ReFit Global, a refurbished smartphone seller.

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Shark Tank India 3: Face yoga pitcher Vibhuti Arora asks Sharks to remember their lovers; Anupam Mittal says Aap pitch karne aaye ho ya hamara ghar tudwane? |

In the latest episode of Shark Tank India, face yoga instructor Vibhuti Arora pitches her brand to the Sharks. She asks them to remember their lovers during a face yoga session. Will she secure a deal? Find out now!

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D2C startup ReFit Global raises Rs 2 crore funding on Shark Tank season 3, ET Retail

Shark Tank: The startup said it will use the raised funds to scale operations, broaden the company s market reach, and enhance technological infrastructure.

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ReFit Global raises Rs two crore funding at Rs 200 crore valuation on Shark Tank Season 3

ReFit Global raises Rs two crore funding at Rs 200 crore valuation on Shark Tank Season 3
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