Foxway

Bengaluru, India Founded: 2009 • Age: 17 yrs Acquired By Nordic Capital
Provider of lifecycle management services for tech devices

About Foxway

Foxway is a company based in Bengaluru (India) founded in 2009 was acquired by Nordic Capital in June 2023.. The company has 1 employees as of April 07, 2024. Foxway has completed 4 acquisitions, including Flip4new, Global Resale and GreenTech. Foxway offers products and services including Lifecycle Services, Recovery Services, Remarketing Services, and Advisory and Insights. Foxway operates in a competitive market with competitors including Onsitego, Handyhome, Gadgetwood eServices, eTechies and Repaireasy.in, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 07 Apr, 2024
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Foxway India It Equipment Private Limited
  • Date of Incorporation 16 Mar, 2021
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Business Services → Event, Translation & Local Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Apr 07, 2024

  • Investments & Acquisitions
    Flip4new

    & 3 more

  • Acquired by
    Nordic Capital

    (Jun 19, 2023)

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Products & Services of Foxway

Foxway offers a comprehensive portfolio of products and services, including Lifecycle Services, Recovery Services, Remarketing Services, and Advisory and Insights. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers tech devices as a service with repairs and returns.

Handles take-back and refurbishing of used devices securely.

Gives used devices a second life through global sales.

Provides AI-based insights on tech investments and sustainability.

People of Foxway
Headcount 1000-5000
Employee Profiles 16
Board Members and Advisors 4
Employee Profiles
People
Silje Horntvedt
Manager Acquisition Norway
People
Annika Ploom
Head Of People & Culture Recommerce Mobiles
People
Erik Källmin
CFO
People
Stefan Nilsson
Head of Sustainability & Strategy

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Board Members and Advisors
people
Malin Anjou
Board Member
people
Marika Af Enehjelm
Board Member
people
Johan Olav Koss
Board Member
people
Henning Vold
Board Member

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Funding Insights of Foxway

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Foxway

Foxway has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nordic Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Foxway

Foxway has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Flip4new, Global Resale and GreenTech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Recommerce solutions are provided to businesses via asset management services.
2015
Waste recycling services are provided in Munich, Germany.
2013
Used electronics are exchanged for new gadgets, vouchers, or cash.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Foxway

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Foxway Comparisons

Employees
+
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Competitors of Foxway

Foxway 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 Onsitego, Handyhome, Gadgetwood eServices, eTechies and Repaireasy.in, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Extended warranties for electronics are offered via an online platform.
domain founded_year HQ Location
Mobile app to book repair services for electronic appliances
domain founded_year HQ Location
Online mobile & tablet repair service provider
domain founded_year HQ Location
Warranties and repairs for mobiles, laptops, and tablets are offered.
domain founded_year HQ Location
Electronic repair services for devices are booked online.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Foxway

Frequently Asked Questions about Foxway

When was Foxway founded?

Foxway was founded in 2009.

Where is Foxway located?

Foxway is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of Foxway?

Martin Backman is the current CEO of Foxway.

How many employees does Foxway have?

As of Apr 07, 2024, the latest employee count at Foxway is 1.

What does Foxway do?

Foxway was founded in 2009 and is based in Bengaluru, India. Lifecycle management for technology devices is handled, covering recovery, secure data deletion, repair, and refurbishment of used equipment. Remarketing occurs through resale to extend device life. Devices are supplied as a service, with repairs, replacements, and returns overseen. Data-driven advisory insights are offered to improve utilization and support sustainability in the tech sector.

Who are the top competitors of Foxway?

Foxway's top competitors include Onsitego, Handyhome and Gadgetwood eServices.

What products or services does Foxway offer?

Foxway offers Lifecycle Services, Recovery Services, Remarketing Services, and Advisory and Insights.

How many acquisitions has Foxway made?

Foxway has made 4 acquisitions, including Flip4new, Global Resale, and GreenTech.

Who are Foxway's investors?

Foxway has 1 investor. Key investors include Nordic Capital.

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