# Qarmatek Services Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qarmatek-services-private

- Industry: Hardware
- Headquarters: Ahmedabad, India
- Website: www.qarmatek.com
- Total disclosed funding: $2M
- Latest round: Series A (Dec 28, 2021)
- Investors on record: 2

## About

Based in Ahmadabad, India, and co-founded in 2011 by Krunal Shah and Arun Hattangadi, Qarmatek Services Private Ltd. operates as a provider of repair solutions for appliances and electronic gadgets. In January 2022, Qarmatek Services Private Ltd. raised INR 230 million in Series A funding co-led by investors Caspian Debt and GVFL.

The company offers repair and refurbishing services for electronic devices, including major phone brands. The company also provides mobile phone insurance services, call center services, and logistics to reach customers.

Qarmatek Services Private Ltd. generates revenue by repairing and refurbishing customers' electronic devices in seven repair centers throughout India.

As of 2022, the company will use its funding to expand and digitize operational capabilities to serve more customers effectively.

## Funding rounds

- Series A, Dec 28, 2021, $2M — GVFL, Caspian Impact Investment Adviser

## Investors

- GVFL (https://capitalatlas.ai/funds/gvfl) — Series A
- Caspian Impact Investment Adviser (https://capitalatlas.ai/funds/caspian-impact-investment-adviser) — Series A