About Digi2L
Digi2L is a Retail company based in Mumbai (India) founded in 2021 by Tarun Bhardwaj and Alok Mathur. It operates as an appliance exchange services are offered for electronics and home devices. Digi2L has raised $362.44 thousand across 1 funding round from investors including Onsitego. The company has 70 employees. Digi2L was last valued at $2.2 million in June 2022. Its Indian entity Utc Digital Technologies Private Limited reported revenue of ₹66.1 Lakh. Digi2L offers products and services including Smart Sell, Smart Buy, and Assured Buyback. Its focus areas include Consumer Electronics E-Commerce, Second Hand, Multi Category and Outright Buy. Its competitors include Cashify, 2GUD, Budli, Cashforphone and ValueCart and 2 more; 2 of its 7 listed competitors have raised funding.
Company details
Digi2L was founded in 2021 and is headquartered in Mumbai, India. Appliance exchange services are provided through an online platform, focusing on consumer electronics and home appliances such as televisions, washing machines, air conditioners, and laptops. Operations center on facilitating sales and exchanges within the Indian market, with a catalog supporting various product categories for users seeking upgrades or replacements.
- Headquarters Mumbai, India
- Employees 70
- Founders Tarun Bhardwaj, Alok Mathur
- Stage Minicorn
- SectorsRetail
- Website digi2l.co.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Utc Digital Technologies Private Limited
- Date of Incorporation 05 Jan, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹66.1 Lakh
FY 2025 · -81% YoY
- Net Loss-₹2.59 Cr
FY 2025 · -392% margin
- EBITDA-₹2.40 Cr
FY 2025 · -363% margin
- Total Equity Funding$362.44K (USD)
in 1 rounds
- Latest Funding Round$362.44K (USD), Seed
Jun 2022
- Investors
- Employee Count70
Associated legal entities of Digi2L
Digi2L operates through Utc Digital Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Utc Digital Technologies Private Limited CIN U72900MH2022PTC374507 | Active | 05 Jan 2022 | Mumbai, Maharashtra | ₹0.7 Cr | 70 | 2 | View details |
Products & Services of Digi2L
Digi2L offers a comprehensive portfolio of products and services, including Smart Sell, Smart Buy, and Assured Buyback.
Service for quickly selling used appliances with quality checks.
Platform to purchase refurbished appliances at discounted prices.
Program for trading old appliances with guaranteed buyback options.
Apps and channels of Digi2L
its YouTube channel Digi2L has 60 subscribers and 13 videos.
Videos from Digi2L
The most watched videos on Digi2L's YouTube channel, Digi2L (60 subscribers). Click a video to play it here.
More on Digi2L.
Funding Insights of Digi2L
Digi2L has successfully raised a total of $362.44K through 1 strategic funding round. The most recent funding activity was a Seed round of $362.44 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $362,441
- Total Rounds 1
- Last Round Seed — $362,441
- First Round $362,441
(Jun 2022)
- Investors Count 1
All 1 funding rounds of Digi2L with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $362,441 | Seed | $2.2M | Onsitego | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $2.2M | •••••••• |
Last known valuation $2.2M (Jun 2022). 1 investors in total: 1 institutional.
Investors in Digi2L
Digi2L has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Onsitego.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Extended warranties for electronics are offered via an online platform. | 2010 | onsitego.com | Mumbai, India |
Investor details for Digi2L
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Board of directors of Utc Digital Technologies Private Limited (Digi2L)
Utc Digital Technologies Private Limited is the primary company behind Digi2L. The board of Utc Digital Technologies Private Limited currently have 2 directors; the longest-serving is Tarun Prakash Bhardwaj, appointed in 2022. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tarun Prakash Bhardwaj DIN 09458987 | Director | 05 Jan 2022 | 4 yrs 9 mo | Utc Digital Technologies Private Limited |
| Alok Mathur DIN 02461910 | Director | 14 Mar 2022 | 4 yrs 7 mo | Utc Digital Technologies Private Limited |
People of Digi2L
2 people are tracked at Digi2L (2 in leadership); the tracked headcount is 70.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership |
Complete people profiles for Digi2L
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Financials of Digi2L
Figures of Utc Digital Technologies Private Limited, the primary company behind Digi2L, for FY 2025. Revenue was ₹66.1 Lakh (-81% year on year). Net loss was -₹2.59 Cr (-392% margin). EBITDA was -₹2.40 Cr (-363% margin).
- ₹66.1 LakhRevenue · FY 2025 · -81% YoY
- -₹2.59 CrNet loss · -392% margin
- -₹2.40 CrEBITDA · -363% margin
- ₹81.5 LakhPaid-up capital
- 70Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Utc Digital Technologies Private Limited are on its company page.
Detailed financial statements for Digi2L
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Digi2L
3 dated milestones of Digi2L across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Digi2L is founded.
- Funding First funding round of $362K.
- Milestone Reaches Minicorn status.
Competitors of Digi2L
Digi2L has 7 listed competitors in our database, 2 of them funded. They include Cashify, 2GUD, Budli, Cashforphone and ValueCart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cashify.in | 2009 | Gurugram, India | $130.05M | 1,486 | Refurbished and new gadgets are offered through an online marketplace. | |
| 2gud.com | 2014 | Bengaluru, India | – | 6,972 | App-based platform for purchasing refurbished products. | |
| budli.in | 2013 | Bengaluru, India | – | – | Refurbished electronics are bought and sold through a recommerce platform. | |
| cashforphone.in | 2017 | Delhi, India | – | 21 | Operates a digital hub for selling pre-owned and refurbished electronic products. | |
| valuecart.in | 2015 | Bengaluru, India | – | 32 | An online store specializing in unused, unboxed, and refurbished mobile phones. | |
| refitglobal.com | 2018 | Delhi, India | $241,128 | – | Refurbished consumer electronics are sold via an online platform. | |
| cashmen.in | 2018 | Mumbai, India | – | – | Online service for selling used phones, tablets, and watches with instant cash and free pickup. |
Detailed competitors of Digi2L
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Digi2L
The website of Digi2L (digi2l.co.in) receives about 7.4K visits a month.
- Monthly visits7.4K
▼ 62.3% vs previous month
Websites whose visitors overlap most with Digi2L. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| selsmart.in | 100% | 271.1K | #121,762 | View details | |
| zolopik.com | 96% | 17.9K | #1,242,111 | View details | |
| toptenelectronics.in | 84% | – | #1,684,228 | View details | |
| mumbaionline.in | 81% | 10.4K | #1,989,873 | View details | |
| kohinoorelectronics.com | 81% | – | #857,290 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Digi2L
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Top companies in Consumer Electronics E-Commerce
10 companies that operate in the same segment as Digi2L (Consumer Electronics E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore, Singapore, Singapore | USD 721.47 M | USD 22.94 B | 3,733 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Refurbished and new gadgets are offered through an online marketplace. | 2009 | Gurugram, Haryana, India | USD 130.05 M | USD 99.25 M | 1,264 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Multi-category consumer electronics are offered through an internet-first model. | 2010 | Beijing, Beijing, China | USD 1.45 B | USD 63.71 B | 26,571 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | USD 398.5 M | 1,632 | |
Smart notebooks are offered for digital sketching and note-taking. | 2013 | Oslo, Oslo, Norway | USD 15 M | – | 487 | |
Personal audio products, wearables, and mobile accessories are retailed. | 2016 | Gurugram, Haryana, India | USD 206 M | USD 366.28 M | 495 | |
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 | – |
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Related news about Digi2l
Complete news archive for Digi2L
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Frequently Asked Questions about Digi2L
Digi2L was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Digi2L is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Digi2L is a funded company, having raised a total of $362.44K across 1 funding round to date. The company's 1st funding round was a Seed of $362.44K, raised on Jun 2022.
Digi2L has 70 employees.
The primary company behind Digi2L, Utc Digital Technologies Private Limited, reported revenue of ₹66.1 Lakh for FY 2025, down 81% year on year.
Digi2L was founded in 2021 and is headquartered in Mumbai, India. Appliance exchange services are provided through an online platform, focusing on consumer electronics and home appliances such as televisions, washing machines, air conditioners, and laptops. Operations center on facilitating sales and exchanges within the Indian market, with a catalog supporting various product categories for users seeking upgrades or replacements.
Digi2L offers Smart Sell, Smart Buy, and Assured Buyback.
Digi2L has 1 investor. Key investors include Onsitego.
The valuation of Digi2L is $2.2M as of Jun 2022.
Digi2L operates through Utc Digital Technologies Private Limited.
The legal entities of Digi2L currently have 2 directors, including Alok Mathur, Tarun Prakash Bhardwaj.