Mergers & Acquisitions

Phonup plans to have around 500 stores in the next 2 years

Opportunity India Desk
Opportunity India Desk Oct 31, 2019 - 1 min read
Phonup plans to have around 500 stores in the next 2 years image
Phonup eyes to be the market leader in the world of refurbished Mobile Phones.

Phonup is planning to have around 500 stores in the next 2 years. Presently, it has 40 stores in India.

Phonup targets 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.

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.”

The brand aims 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 eyes to be the market leader in the world of refurbished Mobile Phones.

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