Servify chases US dream before '26 IPO

Last year, Servify won a contract to provide services to enterprise users for one of the US's largest telcos

- Rwit Ghosh

Smartphone care and warranty provider Servify expects its revenue mix to shift heavily towards the US, with the country expected to contribute 65-70% of revenue in the next two years, the startup's founder told Mint.

"The US will contribute about 45% in global revenue this year, India 38%, and the rest will be split between Europe and the Middle East," Sreevathsa Prabhakar, founder and CEO of Servify, said in an interview. The company is likely to file its draft IPO papers with the Securities and Exchange Board of India (Sebi) in the first quarter of 2026.

Last year, Servify won a contract to provide its services to enterprise users for one of the US's largest telecom providers. While the contract was signed in 2024, implementation began in May 2025. The top three telcos in the US, T-Mobile, AT&T, and Verizon, account for 85% of the market. Prabhakar said they will be signing another large telco as a customer soon.