Mergers & Acquisitions

Phonup looks to have around 500 stores in 2 years

Opportunity India Desk
Opportunity India Desk Nov 13, 2019 - 1 min read
Phonup looks to have around 500 stores in 2 years image
The brand is setting up franchise stores across the country which will be a one-stop solution for all mobile and electronics needs of the customer.

Phonup is aiming to have around 500 stores in the next 2 years. Within a few months of its launch, Phonup has spread across India via a franchise model. It operates in different models, namely Unit Franchise, Kiosk and Shop in Shop.

Sanjeev Arora, Chief Operating Officer of Phonup, said, “Our brand’s USP is we sell refurbished phones with warranty. We have 40 stores in India. We plan to have around 500 stores in the next 2 years.”

Phonup was set up to revolutionise unboxed, refurbished and pre-owned mobile phone market in India. The brand is setting up franchise stores across the country which will be a one-stop solution for all mobile and electronics needs of the customer.

The brand is aiming to transform currently highly un-organized pre-owned handset & repair market by offering 40+ points QC Certified handsets with up to 12 months warranty and trustworthy handset repairs with up to 3 months warranty. Phonup runs its own World-class QC, Refurb and Repair facility supported with highly trained and equipped technicians. 

Phonup targets to be the market leader in the world of refurbished Mobile Phones. 

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