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Electronics renewal and refurbishment startup Qarmatek raises $3 Mn for B2C plans

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Image Credit: inc42.com

Electronics renewal and refurbishment startup Qarmatek has raised $3 Mn in a Series A funding round led by GVFL (Gujarat Venture Finance Limited) and Caspian Debt. Founded in 2011 by Krunal Shah and Arun Hattangadi, Qarmatek began as a B2B electronics repair and refurbishment partner for major device manufacturers. They started by repairing set-top boxes and their remote controls for OEMs.