About Revent Store
Revent Store is a company based in Dubai (United Arab Emirates) founded in 2022 by Dhananjay Choubey and Baldeep Singh. It operates as a Direct-to-Consumer (D2C), and Product-as-a-Service. Revent Store has raised $920 thousand across 2 funding rounds from investors including Techstars. Revent Store offers products and services including Refurbished Devices, Device Rentals, and Returns Management. Revent Store operates in a competitive market with competitors including Used Panda and Gadgets Reborn, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Dhananjay Choubey, Baldeep Singh
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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 Revent Fzco
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$920 K (USD)
in 2 rounds
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Latest Funding Round
$900 K (USD), Seed
May 17, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Revent Store
Revent Store offers a comprehensive portfolio of products and services, including Refurbished Devices, Device Rentals, and Returns Management. 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.
Refurbished devices are offered at reduced prices consistently.
Device rentals are provided for flexible business needs.
Returns management is handled to maximize value recovery.
Funding Insights of Revent Store
Revent Store has successfully raised a total of $920K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $900 thousand completed in May 2024. 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 2
- Last Round Seed — $900,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Revent Store | Valuation | Techstars |
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| Jun, 2023 | Amount | Seed - Revent Store | Valuation | Techstars |
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| 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 |
Investors in Revent Store
Revent Store has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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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 Revent Store
| 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 - Revent Store
| 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 |
Revent Store Comparisons
Competitors of Revent Store
Revent Store 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 Used Panda and Gadgets Reborn, 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 |
Hosts a digital marketplace for buying and selling second-hand consumer electronics.
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| domain | founded_year | HQ Location |
Refurbishes and certifies gadgets to extend the life of devices.
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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 Revent Store
When was Revent Store founded?
Revent Store was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Revent Store located?
Revent Store is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Revent Store?
Baldeep Singh is the current CEO of Revent Store. They have also founded this company.
Is Revent Store a funded company?
Revent Store is a funded company, having raised a total of $920K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2023.
What does Revent Store do?
Revent Store is engaged in offering refurbished electronics such as iPhones, laptops, and tablets at competitive prices. The company operates in the consumer electronics sector, focusing on cost-effective solutions for individuals and businesses in the UAE and KSA. Device rental plans are also provided to support flexible business needs. Additionally, returns management services are offered to maximize value recovery through tailored re-commerce solutions. Quality assurance is emphasized with over 80 tests conducted on products to ensure performance.
Who are the top competitors of Revent Store?
Revent Store's top competitors include Used Panda and Gadgets Reborn.
What products or services does Revent Store offer?
Revent Store offers Refurbished Devices, Device Rentals, and Returns Management.
Who are Revent Store's investors?
Revent Store has 1 investor. Key investors include Techstars.