About Servify
Servify is a Retail company based in Mumbai (India) founded in 2015 by Sreevathsa Prabhakar. Device lifecycle management is facilitated via an online platform. Servify has raised $172.44 million across 15 funding rounds from investors including AmTrust Financial, FT Partners and BHIL. Servify was last valued at $852.85 million in April 2023. Its chief executive, as recorded, is Sreevathsa Prabhakar. Its website servify.com draws about 144 thousand monthly visits. Its focus areas include Consumer Electronics E-Commerce, Enabler and After Sales Services. Its competitors include Qarmatek and Zervicio; 1 of its 2 listed competitors has raised funding.
Company details
Servify was founded in 2015 in Mumbai, India, as an online platform focused on device lifecycle management within the technology services sector. Operations encompass device onboarding, warranty management, repairs, trade-ins, and recycling. These services are extended to users and businesses for efficient device handling throughout their lifecycle, supporting streamlined management processes across various geographies.
- Total Equity Funding$172.44M (USD)
in 15 rounds
- Latest Funding Round$7.53M (USD), Series D
Dec 2025
- InvestorsAmTrust Financial
& 44 more
Associated legal entities of Servify
Servify is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Servicelee Techsystem Solutions Private Limited CIN U74110MH2019PTC324219 | Active | 18 Apr 2019 | Mumbai, Maharashtra | ₹12.7 Cr | 2 | View details | |
| Servicemart Technologies Private Limited CIN U74999MH2016PTC413728 | Active | 27 May 2016 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | View details | |
| Service Lee Technologies Private Limited CIN U74120MH2015PTC265511 | Active | 13 Jun 2015 | Mumbai, Maharashtra | ₹787 Cr | 444 | 6 | View details |
Apps and channels of Servify
its YouTube channel Servify Marketing has 1K subscribers and 30 videos.
Videos from Servify
The most watched videos on Servify's YouTube channel, Servify Marketing (1K subscribers). Click a video to play it here.
More on Servify Marketing.
Funding Insights of Servify
Servify has successfully raised a total of $172.44M across 15 strategic funding rounds. The most recent funding activity was a Series D round of $7.53 million completed in December 2025. 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 $172.44M
- Total Rounds 15
- Last Round Series D — $7.53M
- First Round $529,646
(Jan 2016)
- Investors Count 45
Latest 10 of 15 funding rounds of Servify 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 |
|---|---|---|---|---|---|
| Dec 2025 | $7.53M | Series D | – | IMM Investment, IFC | – |
| Mar 2025 | $7.66M | Series D | – | Beenext | |
| Aug 2024 | $5.96M | Debt – Conventional | – | – | |
| Aug 2024 | $4.05M | Series D | – | BHIL | |
| Apr 2023 | $18.33M | Series D | $852.85M | – | |
| Jan 2023 | $2.43M | Series D | – | CE Venture Capital | |
| Apr 2022 | $65M | Series D | – | Singularity AMC | |
| Jan 2022 | $161,225 | Angel Round | – | – | – |
| May 2021 | $19.79M | Series D | – | Iron Pillar, Beenext | |
| Jun 2020 | $23M | Series C | – | Iron Pillar |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2023 | $852.85M | •••••••• |
| Aug 2018 | $49.75M | •••••••• |
| Oct 2017 | $••••• | •••••••• |
| Sep 2016 | $••••• | •••••••• |
| Jan 2016 | $••••• | •••••••• |
Full valuation and stage history of Servify
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $852.85M (Apr 2023). 45 investors in total: 34 institutional and 11 angel.
Investors in Servify
Servify has secured backing from 45 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include AmTrust Financial, FT Partners and BHIL.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Investment management services in growth equity and public investments in India. | 2016 | singularityamc.com | Mumbai, India | |
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Growth capital provision and investment services for tech entrepreneurs across multiple locations. | 2016 | ironpillarfund.com | Ebene City, Mauritius | |
Novel technologies are invested in, developed, incubated, and commercialized. | ip-holdings.com | Suffern, United States | ||
Multi-stage venture capital investments are directed toward innovative companies. | ce.ventures | Vancouver, Canada | ||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Investment in technology solutions for finance sectors such as lending and insurance. | 2017 | dmisparklefund.in | New Delhi, India | |
Venture capital funding is directed toward edtech sectors. | Kolkata, India |
Investor details for Servify
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Servify
The boards of the 3 registered companies of Servify currently have 7 directors; the longest-serving is Sreevathsa Prabhakar, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sreevathsa Prabhakar DIN 02993375 | Director | 13 Jun 2015 | 11 yrs 5 mo | Service Lee Technologies Private Limited |
| Karthik Reddy Bezawada DIN 02214476 | Nominee Director | 28 Aug 2018 | 8 yrs 2 mo | Service Lee Technologies Private Limited |
| Anand Ramachandran Prasanna DIN 07424616 | Nominee Director | 28 Aug 2018 | 8 yrs 2 mo | Service Lee Technologies Private Limited |
| Bharatkumar Parasmal Jain DIN 08425190 | Director | 27 Feb 2020 | 6 yrs 8 mo | Servicemart Technologies Private Limited, Servicelee Techsystem Solutions Private Limited |
| Sreekumar Prabhakaran Pulakot DIN 02245611 | Additional Director | 30 Jan 2025 | 1 yr 9 mo | Servicemart Technologies Private Limited, Servicelee Techsystem Solutions Private Limited, Service Lee Technologies Private Limited |
| Heeralal Choudhary DIN 09051734 | Nominee Director | 18 Mar 2025 | 1 yr 7 mo | Service Lee Technologies Private Limited |
| Steffen Wilhelm Max Roehn DIN 11227741 | Director | 01 Oct 2025 | 1 yr 1 mo | Service Lee Technologies Private Limited |
People of Servify
5 people are tracked at Servify (5 in leadership).
| Name | Role | Group |
|---|---|---|
Swetha Prashant | Co-owner & Head of Legal | Leadership |
Bharat Jain | Co-owner & Chief Human Resources Officer | Leadership |
Himanshu Doshi | Co-Owner & CPO | Leadership |
Moiz Kothari | Co-owner & Vice President - Technology | Leadership |
| Founder & CEO | Leadership |
Complete people profiles for Servify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Servify
Figures of Servicemart Technologies Private Limited, the primary company behind Servify, for FY 2022. Revenue was ₹9.2 Lakh (-47% year on year). Net loss was -₹2 Lakh (-22% margin). EBITDA was -₹10.8 Lakh (-117% margin). Revenue has grown at a compounded annual rate of -61% over three years.
- ₹9.2 LakhRevenue · FY 2022 · -47% YoY
- -₹2 LakhNet loss · -22% margin
- -₹10.8 LakhEBITDA · -117% margin
- ₹1.2 LakhPaid-up capital
- -61%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Servicemart Technologies Private Limited are on its company page.
Detailed financial statements for Servify
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Servify
5 dated milestones of Servify across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Servify is founded.
- Funding First funding round of $530K.
- Milestone Reaches Minicorn status.
- Milestone Reaches Soonicorn status.
- Funding Latest funding round, Series D, of $7.5M.
Competitors of Servify
Servify has 2 listed competitors in our database, 1 of them funded. They include Qarmatek and Zervicio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qarmatek.com | 2011 | Ahmedabad, India | $5.11M | 79 | Electronics repair, refurbishment, and extended warranty services are provided. | |
| zervicio.com | 2015 | Gurugram, India | Delivers helpdesk and aftersales software solutions. |
Detailed competitors of Servify
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Servify
The website of Servify (servify.com) receives about 144.1K visits a month and ranks #273,309 among all websites worldwide, #675 in Accounting and Auditing.
- Monthly visits144.1K
▼ 3.6% vs previous month
- Unique visitors71.7K
per month
- Global rank#273,309
among all websites
- Category rank#675
Finance · Accounting and Auditing
- Bounce rate59%
- Pages per visit2.3
- Average visit1 min 21 sec
- DevicesDesktop 17% · Mobile 84%
Websites whose visitors overlap most with Servify. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gowarranty.in | 100% | 12.7K | #1,152,834 | View details | |
| chase.com | 52% | 198.6M | #125 | View details | |
| savex.in | 49% | 10.7K | #2,006,111 | View details | |
| ajuniorvc.com | 45% | 45.4K | #1,146,204 | View details | |
| bajajallianz.com | 45% | 795.1K | #55,684 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Servify
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Consumer Electronics E-Commerce
3 companies that operate in the same segment as Servify (Consumer Electronics E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Refurbished and new gadgets are offered through an online marketplace. | 2009 | Gurugram, Haryana, India | USD 130.05 M | USD 99.25 M | 1,264 | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Personal audio products, wearables, and mobile accessories are retailed. | 2016 | Gurugram, Haryana, India | USD 206 M | USD 346.34 M | 495 |
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Related news about Servify
Complete news archive for Servify
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Frequently Asked Questions about Servify
Servify was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Servify is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sreevathsa Prabhakar is the CEO of Servify, as recorded in our data. They have also founded this company.
Servify is a funded company, having raised a total of $172.44M across 15 funding rounds to date. The company's 1st funding round was a Series C of $23M, raised on Jan 2016.
Servify was founded in 2015 in Mumbai, India, as an online platform focused on device lifecycle management within the technology services sector. Operations encompass device onboarding, warranty management, repairs, trade-ins, and recycling. These services are extended to users and businesses for efficient device handling throughout their lifecycle, supporting streamlined management processes across various geographies.
Servify has 45 investors. Key investors include AmTrust Financial, FT Partners, BHIL, Iron Pillar, and Pidilite.
The valuation of Servify is $852.85M as of Apr 2023.
Servify is associated with 3 legal entities: Servicemart Technologies Private Limited, Servicelee Techsystem Solutions Private Limited, Service Lee Technologies Private Limited.
The legal entities of Servify currently have 7 directors, including Bharatkumar Parasmal Jain, Sreekumar Prabhakaran Pulakot, Sreevathsa Prabhakar and others.
The website of Servify receives about 144 thousand visits a month and ranks #273,309 among all websites worldwide.