About Used Yet New
Used Yet New is a Retail company based in Hyderabad (India) founded in 2015 by Rishi Singh. It serves as a re-commerce platform for refurbished phones and laptops. It operates on a B2C model. The company has 25 employees. Its chief executive, as recorded, is Rishi Singh. Its Indian entity Salori E-Commerce Private Limited reported revenue of ₹30.15 Cr. Its focus areas include E-commerce, Electronics, Refurbished Goods and Phones and Laptops. Its competitors include Cashify, 2GUD and ReFit Global; 2 of its 3 listed competitors have raised funding.
Company details
Used Yet New serves as a re-commerce platform for refurbished phones and laptops through operating online marketplaces, electronics, refurbished goods, and phones and laptops. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Hyderabad, India
- Employees 25
- Founders Rishi Singh
- SectorsRetail
- Email••••••••
- Website usedyetnew.com
- Social X Facebook
- Legal Name Salori E-Commerce Private Limited
- Date of Incorporation 07 Nov, 2015
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹30.15 Cr
FY 2024 · +9% YoY
- Net Loss-₹6.10 Cr
FY 2024 · -20% margin
- EBITDA-₹7.24 Cr
FY 2024 · -24% margin
- Employee Count25
Associated legal entities of Used Yet New
Used Yet New operates through Salori E-Commerce Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Salori E-Commerce Private Limited CIN U74900TG2015PTC101614 | Active | 07 Nov 2015 | Hyderabad, Telangana | ₹30.2 Cr | 25 | 2 | View details |
Board of directors of Salori E-Commerce Private Limited (Used Yet New)
Salori E-Commerce Private Limited is the primary company behind Used Yet New. The board of Salori E-Commerce Private Limited currently have 2 directors; the longest-serving is Rishi Raj Singh, appointed in 2015. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishi Raj Singh DIN 06595180 | Director | 07 Nov 2015 | 10 yrs 11 mo | Salori E-Commerce Private Limited |
| Sathiya DIN 09784908 | Director | 02 Jul 2025 | 1 yr 3 mo | Salori E-Commerce Private Limited |
People of Used Yet New
1 people are tracked at Used Yet New (1 in leadership); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Used Yet New
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Financials of Used Yet New
Figures of Salori E-Commerce Private Limited, the primary company behind Used Yet New, for FY 2024. Revenue was ₹30.15 Cr (+9% year on year). Net loss was -₹6.10 Cr (-20% margin). EBITDA was -₹7.24 Cr (-24% margin). Revenue has grown at a compounded annual rate of +42% over three years and +38% over five years.
- ₹30.15 CrRevenue · FY 2024 · +9% YoY
- -₹6.10 CrNet loss · -20% margin
- -₹7.24 CrEBITDA · -24% margin
- ₹27.5 LakhPaid-up capital
- 25Employees (provident fund records)
- +42%Revenue CAGR, 3 years
- +38%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Salori E-Commerce Private Limited are on its company page.
Detailed financial statements for Used Yet New
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.
Competitors of Used Yet New
Used Yet New has 3 listed competitors in our database, 2 of them funded. They include Cashify, 2GUD and ReFit Global.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cashify.in | 2009 | Gurugram, India | $130.05M | 1,486 | Refurbished and new gadgets are offered through an online marketplace. | |
| 2gud.com | 2014 | Bengaluru, India | 6,972 | App-based platform for purchasing refurbished products. | ||
| refitglobal.com | 2018 | Delhi, India | $241,128 | Refurbished consumer electronics are sold via an online platform. |
Detailed competitors of Used Yet New
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Used Yet New
The website of Used Yet New (usedyetnew.com) receives about 8.9K visits a month.
- Monthly visits8.9K
▲ 11.1% vs previous month
Websites whose visitors overlap most with Used Yet New. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| electronicsbazaar.com | 52% | 103.4K | #354,941 | View details |
Top companies in Consumer Electronics E-Commerce
3 companies that operate in the same segment as Used Yet New (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 366.28 M | 495 |
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Frequently Asked Questions about Used Yet New
Used Yet New was founded in 2015.
Used Yet New is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Rishi Singh is the CEO of Used Yet New, as recorded in our data. They have also founded this company.
Used Yet New has 25 employees.
The primary company behind Used Yet New, Salori E-Commerce Private Limited, reported revenue of ₹30.15 Cr for FY 2024, up 9% year on year.
Used Yet New serves as a re-commerce platform for refurbished phones and laptops through operating online marketplaces, electronics, refurbished goods, and phones and laptops. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Used Yet New's top competitors include Cashify, 2GUD and ReFit Global.
Used Yet New operates through Salori E-Commerce Private Limited.
The legal entities of Used Yet New currently have 2 directors, including Sathiya, Rishi Raj Singh.