Comments
Delhi-based Karma Recycling, an electronics buy-back services provider, said it has raised an undisclosed amount. The new round of funding comes from Infuse Ventures, an early-stage investment firm associated with IIM Ahmedabad’s tech incubator CIIE (Centre for Innovation Incubation and Entrepreneurship) and Low Carbon Enterprise Fund , a fund managed by Environmental Resources Management Foundation. "With brand new mobile devices sales exploding 200 per cent over the past three years, the development of technologies and services for buyback and exchange related services solves a big, urgent and valuable problem for consumers, retailers and manufacturers of consumer electronics”, said Aamir Jariwala, Co-founder and CEO, Karma Recycling.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.