About Grest
Grest is a company based in Gurugram (India) founded in 2018 by Shrey Sardana and Nitin Goya.. Grest has raised $3.88 million across 6 funding rounds from investors including iAngels, Equentis Wealth Advisory Services and India Accelerator. Grest offers products and services including Refurbished iPhone and Refurbished MacBook. Grest operates in a competitive market with competitors including Yaantra, ControlZ, InstaCash, MobiGarage and ValueCart, among others.
- Headquarter Gurugram, India
- Founders Shrey Sardana, Nitin Goya
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Radical Aftermarket Services Private Limited
- Date of Incorporation 17 Oct, 2018
- Jurisdiction Sector -45, Haryana, India
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Annual Revenue
$353.97 K (USD)46.16as on Mar 31, 2023
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Net Profit
$7.7 K (USD)37.63as on Mar 31, 2023
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EBITDA
$38.8 K (USD)90.29as on Mar 31, 2023
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Total Equity Funding
$3.88 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
iAngels
& 7 more
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Employee Count
Employee Count
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Products & Services of Grest
Grest offers a comprehensive portfolio of products and services, including Refurbished iPhone and Refurbished MacBook. 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.
Certified refurbished Apple iPhones with warranty for affordable use.
Certified refurbished Apple laptops for reliable computing needs.
Funding Insights of Grest
Grest has successfully raised a total of $3.88M across 6 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(05 Aug 2023)
- Investors Count 8
Investors in Grest
Grest has secured backing from 8 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include iAngels, Equentis Wealth Advisory Services and India Accelerator. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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Founded Year | Domain | Location | |
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Angel network focused on multiple sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grest
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Grest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grest Comparisons
Competitors of Grest
Grest 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 Yaantra, ControlZ, InstaCash, MobiGarage and ValueCart, 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 |
Second-hand smartphones and accessories are sold through an online platform.
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| domain | founded_year | HQ Location |
Second-hand mobiles and accessories are retailed online.
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| domain | founded_year | HQ Location |
Pre-owned smartphones are bought back online via condition-based quoting.
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| domain | founded_year | HQ Location |
Online second-hand platform offering refurbished mobile phones
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| domain | founded_year | HQ Location |
An online store specializing in unused, unboxed, and refurbished mobile phones.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Grest
When was Grest founded?
Grest was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Grest located?
Grest is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Grest?
Shrey Sardana is the current CEO of Grest. They have also founded this company.
Is Grest a funded company?
Grest is a funded company, having raised a total of $3.88M across 6 funding rounds to date.
What is the annual revenue of Grest?
Annual revenue of Grest is $353.97K as on Mar 31, 2023.
What does Grest do?
Grest was founded in 2018 and is based in Gurugram, India. An online platform is operated for the sale of refurbished phones within the e-commerce sector focused on electronics. A selection of premium smartphones is available to customers. Orders are shipped with proper packaging, and timely delivery is ensured across all purchases. The platform serves users in India through its domain grest.in.
Who are the top competitors of Grest?
Grest's top competitors include Yaantra, InstaCash and MobiGarage.
What products or services does Grest offer?
Grest offers Refurbished iPhone and Refurbished MacBook.
Who are Grest's investors?
Grest has 8 investors. Key investors include iAngels, Equentis Wealth Advisory Services, India Accelerator, The Chennai Angels, and Sanjeev Aggarwal.
What is Grest's valuation?
The valuation of Grest is $5.1M as of Aug 2023.