Grest
Consumer-Tech | Pre Series A
Gurugram, India
https://grest.in
Grest is pioneering an end-to-end, tech-enabled reverse commerce platform at the heart of the circular economy. By championing conscious consumerism and sustainable capitalism, they are reshaping how we engage with technology.
Their mission is to transform tech consumption, proving that cutting-edge technology can coexist with environmental responsibility. Grest is dedicated to changing perceptions around pre-owned and refurbished smartphones, positioning them as a mainstream alternative to new devices—without compromising on quality or innovation.
Founders
Shrey Sardana
CEO
MDI Gurgaon
15+ years of Leadership experience
Ex-L&T, Punj Lloyd, Iqor
Nitin Goyal
COO
YMCA & MDI Gurgaon
15+ years of global experience in Telecom Industry
Ex- Nokia, Ericsson and ZTE
Key Highlights
Revenue Growth
>5X Post first fundraise
Direct Presence
60+ retail stores
ARR (Dec'24)
INR 30 Cr
Distribution in States/UTs
31+
Gross Profit Growth
3X Post first fundraise
Units Sold (FY 24)
15000+
Key Partnerships
Deal Details
Current Deal Round
Seed
Valuation
INR 67 Cr Pre- Money
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Round Size
INR 4 Cr (2 Cr Committed)
Minimum Ticket Size per Investor
INR 3,00,000
Deal Runners
