About Edify.club
Edify.club is a company based in Bengaluru (India) founded in 2019 by Hemant Luthra, Saurabh Vyas, and Ashwini Purohit. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Edify.club has raised $6.39 million across 8 funding rounds from investors including Dream Incubator, Beacon Trusteeship and Lazy Idli. The company has 1 employees as of April 05, 2024. Edify.club offers products and services including Refurbished Laptops, Refurbished Desktops, Mini PCs, and Accessories. Edify.club operates in a competitive market with competitors including 2GUD, Budli, NewJaisa, Cashforphone and ValueCart, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 05 Apr, 2024
- Founders Hemant Luthra, Saurabh Vyas, Ashwini Purohit
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Kuzagan Services Private Limited
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$5.31 (USD)0as on Mar 31, 2023
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Net Profit
-$114.92 (USD)0as on Mar 31, 2023
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EBITDA
-$120.24 (USD)0as on Mar 31, 2023
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Total Equity Funding
$6.39 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
Dream Incubator
& 35 more
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Employee Count
1
as on Apr 05, 2024
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Products & Services of Edify.club
Edify.club offers a comprehensive portfolio of products and services, including Refurbished Laptops, Refurbished Desktops, Mini PCs, and Accessories.
Refurbished laptops are sold from various brands.
Refurbished desktops are offered for all-in-one solutions.
Compact Mini PCs are provided for powerful computing.
Device accessories are available to enhance functionality.
Funding Insights of Edify.club
Edify.club has successfully raised a total of $6.39M across 8 strategic funding rounds. 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.
Investors in Edify.club
Edify.club has secured backing from 36 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dream Incubator, Beacon Trusteeship and Lazy Idli.
| Investor | Description | Founded Year | Domain | Location |
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AI-focused venture capital investment and support for startups in Asia.
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Dream Incubator is engaged in strategic consulting and business incubation.
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Investments are made in early-stage tech startups across sectors.
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Investor details for Edify.club
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Edify.club
Investment portfolio details for Edify.club
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- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Edify.club
Detailed financials for Edify.club
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Edify.Club Comparisons
Peer comparison for Edify.club
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Edify.club
Edify.club operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 2GUD, Budli, NewJaisa, Cashforphone and ValueCart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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App-based platform for purchasing refurbished products.
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Refurbished electronics are bought and sold through a recommerce platform.
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Refurbished laptops and accessories are sold via an online platform.
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Operates a digital hub for selling pre-owned and refurbished electronic products.
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An online store specializing in unused, unboxed, and refurbished mobile phones.
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Online service for selling used phones, tablets, and watches with instant cash and free pickup.
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Detailed competitors of Edify.club
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Verified entity values are shown only after access is granted.
Latest news on Edify.Club
Complete news archive for Edify.club
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Frequently Asked Questions about Edify.club
Edify.club was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Edify.club is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ashwini Purohit is the current CEO of Edify.club. They have also founded this company.
Edify.club is a funded company, having raised a total of $6.39M across 8 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Edify.club is 1.
Annual revenue of Edify.club is $5.31 as on Mar 31, 2023.
Edify.club is focused on the sale of certified refurbished electronics, including laptops, desktops, Mini PCs, and accessories from brands like HP, Apple, Dell, and Lenovo. The company operates in the consumer electronics sector, providing cost-effective technology solutions to customers across India. Products are offered with features like no-cost EMI, cash on delivery, and a 14-day return policy to ensure accessibility and satisfaction.
Edify.club offers Refurbished Laptops, Refurbished Desktops, Mini PCs, and Accessories.
Edify.club has 36 investors. Key investors include Dream Incubator, Beacon Trusteeship, Lazy Idli, Groundupp Ventures, and IP Ventures.