MobiGarage Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
40
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$380K
- Investors
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22
MobiGarage General Information
Description
Provider of a circular electronics platform intended to refurbish and recycle smartphones. The company's platform utilizes a proprietary supply chain and rigorous quality testing, enabling consumers in tier 2 and tier 3 regions to access affordable refurbished devices, genuine spare parts and doorstep repair services.
Contact Information
Website
www.mobigarage.comCorporate Office
- CGN-181, 18th Floor
- Dlf Capital Greens, 15 Shivaji Marg
- New Delhi, 110005
- India
Corporate Office
- CGN-181, 18th Floor
- Dlf Capital Greens, 15 Shivaji Marg
- New Delhi, 110005
- India
MobiGarage Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Seed Round | 20-Jun-2023 | $380K | Completed | Generating Revenue | ||
| 6. Seed Round | 05-May-2021 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 01-Jan-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 25-Sep-2020 | Cancelled | Generating Revenue | |||
| 3. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 2. Accelerator/Incubator | 01-Sep-2020 | $148K | Completed | Generating Revenue | ||
| 1. Seed Round | 22-Jul-2020 | $148K | $148K | Completed | Generating Revenue |
MobiGarage Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| CCPS | ||||||||
| Ordinary | ||||||||
| Preference | 2,359 | $0.121292 | $325.15 | $325.15 | 1x | $325.15 | 16.48% | |
| Ordinary | 901 | $0.121292 | $150.11 | $150.11 | 1x | $150.11 | 6.29% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
MobiGarage Comparisons
Industry
Financing
Details
MobiGarage Competitors (5)
One of MobiGarage’s 5 competitors is Noon E Commerce Solutions, a Private Equity-Backed company based in Riyadh, Saudi Arabia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Noon E Commerce Solutions | Private Equity-Backed | Riyadh, Saudi Arabia | ||||
| Cashify | Venture Capital-Backed | Gurugram, India | ||||
| Yaantra | Formerly PE-Backed | Noida, India | ||||
| Refurbed | Venture Capital-Backed | Vienna, Austria | ||||
| Repaireasy | Formerly VC-backed | Pune, India |
MobiGarage Signals
MobiGarage Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| I-Venture @ISB | Accelerator/Incubator | Minority | ||
| Soonicorn Ventures | Angel Group | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Appyhigh | Venture Capital | Minority |
MobiGarage FAQs
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When was MobiGarage founded?
MobiGarage was founded in 2017.
-
Where is MobiGarage headquartered?
MobiGarage is headquartered in New Delhi, India.
-
What is the size of MobiGarage?
MobiGarage has 40 total employees.
-
What industry is MobiGarage in?
MobiGarage’s primary industry is Electronics (B2C).
-
Is MobiGarage a private or public company?
MobiGarage is a Private company.
-
What is the current valuation of MobiGarage?
The current valuation of MobiGarage is .
-
What is MobiGarage’s current revenue?
The current revenue for MobiGarage is .
-
How much funding has MobiGarage raised over time?
MobiGarage has raised $2.11M.
-
Who are MobiGarage’s investors?
I-Venture @ISB, Soonicorn Ventures, , , and Appyhigh are 5 of 22 investors who have invested in MobiGarage.
-
Who are MobiGarage’s competitors?
Noon E Commerce Solutions, Cashify, Yaantra, Refurbed, and Repaireasy are competitors of MobiGarage.
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