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Refurbished Smartphone

Siliconindia - India Edition

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May 2018

Delhi based Phonup helps customers acquire branded second hand versions of branded phones assuring quality & price efficiency and also helping the electronic industry generate less waste by deploying the usage of refurbished phones.

- Sanjeev Arora ​​​

Refurbished Smartphone

India has an unorganized market of 70 million refurbished Smartphone’s with a year-on-year 35 per cent growth,. Indian households will dispose off used goods worth Rs. 115,000 crore in 2015, up from Rs. 80,000 crore in 2014 and Rs. 60,000 crore in 2011, according to a study by Assocham.

Out of global retail, which is $12 trillion about $650 billion (which is 5-7 percent) is the size of the used goods market,

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