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QarmaTek secured $1 million in seed funding to expand operations in the renewed electronics market.

PRIVATEJul 10, 2024

Amount Raised

$1 Million

Round Type

Seed

AhmadabadHardware

Description

Ahmedabad-based startup QarmaTek has raised $1 million in seed funding. The company plans to expand its operations into multiple categories within the renewed electronics market, with a focus on addressing the growing concern of e-waste.

Quick answer

Qarmatek raised $1 Million in a Seed round, dated July 10, 2024. Qarmatek is based in Ahmadabad, Gujarat, India.

How much did Qarmatek raise?
Qarmatek raised $1 Million in a Seed round on July 10, 2024.
What does Qarmatek do?
Started in September 2011, Qarmatek has assumed the role of aftersales support for end-to-end service management and refurbishment for major electronic appliances and mobile phone brands.
Where is Qarmatek based and how big is it?
Qarmatek is based in Ahmadabad, Gujarat, India.
Who are the decision-makers at Qarmatek?
Fundz holds 1 contact at Qarmatek. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware around the same time

Companies in the same sectors as Qarmatek that raised within 45 days of this round, from Fundz verified event records.

  • Socket Mobile raised $1M (Seed) on August 21, 2024.
  • Nuran Wireless Inc. raised $2.2M (Seed) on August 16, 2024.
  • Chromatic 3D Materials raised $5.8M on August 15, 2024.
  • Nymbus raised an undisclosed amount (Corporate Round) on August 14, 2024.
  • Miru Labs raised $1.9M (Seed) on August 12, 2024.
  • Panfactum Group raised $195K (Pre-Seed) on August 9, 2024.

Who to call at Qarmatek, and when

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Company Information

Company

Qarmatek

Location

Ahmadabad, Gujarat, India

About

Started in September 2011, Qarmatek has assumed the role of aftersales support for end-to-end service management and refurbishment for major electronic appliances and mobile phone brands. Through an integrated service setup, in-house R&D expertise, and highly competent engineers & technicians, Qarmatek guarantees servicing of all electronic gadgets for 6,500 pin codes across 650 cities in India within 7 days. Qarmatek has built an integrated ERP system - shERPa to facilitate integrated and customised IT management solutions to brands. Apart from major devices and appliances, Qarmatek also carries out repair at a component level on small and micro equipment and devices. Qarmatek offers end to end services including managing, warehousing, logistics, fulfilment, repair, and spare parts to its customers.

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Qarmatek raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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