# Servify

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/servify

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.servify.com
- Total disclosed funding: $134M
- Latest round: Series D (Mar 28, 2025)
- Investors on record: 26

## About

Servify, based in India, is a product lifecycle management platform that enhances consumer experiences with technology products through a comprehensive suite of after-sales services and warranty management solutions.Founded in 2015, Servify operates from its headquarters in Mumbai, India. The company specializes in product lifecycle management, facilitating the purchasing, maintenance, and resale of tech devices. The founders, Anuja Tulsyan and Keyur Shah, have previously contributed to various entrepreneurial ventures. Servify has successfully raised INR 662.7 million in its latest Series D funding round on March 17, 2025, led by BEENEXT and supported by Singularity AMC, bringing the total amount raised to INR 662.7 million through 11 deals.Servify offers a suite of services focused on improving the consumer experience surrounding technology products. This includes after-sales support, trade-in solutions, and warranty management, catering to both individual tech product owners and businesses. Their services are accessible across multiple regions, including North America, Europe, and Asia, strengthening Servify's role in the global tech ecosystem.In the most recent fiscal year (2023), Servify reported revenue of INR 76,159,609.50, while experiencing a negative EBITDA of INR -25,168,613.20. Revenue is generated through strategic partnerships and service agreements, offering tailored after-sales services that enhance customer engagement.In March 2025, Servify secured INR 662.7 million in Series D funding to support its expansion and software technology development. The company plans to launch new products aimed at enhancing user engagement and is focused on expanding its presence in emerging markets throughout Asia and Europe by 2026. The recent funding will facilitate these initiatives, enabling Servify to enhance its product offerings and market reach.

## Funding rounds

- Series D, Mar 28, 2025, $7.8M — Singularity AMC, BEENEXT
- Series D, Sep 8, 2023, $22M — Avanz Capital, Trifecta Capital, InnoVen Capital, Iron Pillar, Bajaj Holdings & Investment
- Series D, Jul 8, 2022, $20M — Singularity AMC, AmTrust Financial Services, Inc., Crescent Enterprises, Trifecta Capital, Iron Pillar, Artek Surfin Chemicals Ltd.
- Series D, May 12, 2021, $27M — Singularity AMC, AmTrust Financial Services, BEENEXT, Iron Pillar, Pidilite Industries, Tetrao SPF, DMI AIF Sparkle Fund, Dinesh Mody Ventures, Legacy Assets LLP, Chartered Finance & Leasing Ltd, Blume Venture Investment Manager
- Series C, Sep 23, 2020, $23M — FT Partners, Singularity AMC, 57 Stars, Silicon Valley Bank, Blume Ventures, Trifecta Capital, BEENEXT, Iron Pillar, Synergy Capital Partners, GoVentures, Tetrao SPF, DMI AIF Sparkle Fund
- Series C, Jun 17, 2020, $11M — Blume Ventures, Iron Pillar, Tetrao SPF
- Series B, Aug 28, 2018, $20M — Avanz Capital, Blume Ventures, Barkawi Group, BEENEXT, Iron Pillar
- Series A, Oct 24, 2017, $2.6M — Blume Ventures, BEENEXT
- Seed, Sep 28, 2016, $1.3M — Blume Ventures, Barkawi Group, BEENEXT, TM Service Technology Holdings
- Seed, Jan 30, 2016, $0.5M — Blume Ventures, Barkawi Group, TM Service Technology Holdings

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed, Series A, Series B, Series C
- Barkawi Group — Seed, Series B
- TM Service Technology Holdings — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed, Series A, Series B, Series C, Series D
- Avanz Capital (https://capitalatlas.ai/funds/avanz-capital) — Series B, Series D
- Iron Pillar (https://capitalatlas.ai/funds/iron-pillar) — Series B, Series C, Series D
- Tetrao SPF — Series C, Series D
- FT Partners — Series C
- Singularity AMC (https://capitalatlas.ai/funds/singularity-amc) — Series C, Series D
- 57 Stars (https://capitalatlas.ai/funds/57-stars) — Series C
- Silicon Valley Bank — Series C
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series C, Series D
- Synergy Capital Partners (https://capitalatlas.ai/funds/synergy-capital-partners) — Series C
- GoVentures — Series C
- DMI AIF Sparkle Fund (https://capitalatlas.ai/funds/dmi-aif-sparkle-fund) — Series C, Series D
- AmTrust Financial Services — Series D
- Pidilite Industries — Series D
- Dinesh Mody Ventures — Series D
- Legacy Assets LLP — Series D
- Chartered Finance & Leasing Ltd — Series D
- Blume Venture Investment Manager — Series D
- AmTrust Financial Services, Inc. — Series D
- Crescent Enterprises — Series D
- Artek Surfin Chemicals Ltd. — Series D
- InnoVen Capital — Series D
- Bajaj Holdings & Investment — Series D