Seed · Ecommerce
ReFit Global raises $1m seed for refurbished electronics
A UAE-based family office backs the company’s expansion across retail and wholesale channels.
Adding stores to a distribution business
ReFit says it has opened 12 ReFit Xpress outlets alongside its wholesale distribution network. The company reports access to more than 50,000 retail outlets through over 75 distributors and 2,000 wholesalers.
That reach spans major metropolitan markets and smaller Indian cities. The financing comes as ReFit connects physical retail, online marketplaces and direct consumer sales around its refurbishment operations.
Use of funds
Expand retail distribution
Strengthen refurbishment and technology infrastructure
Build an integrated omnichannel platform
Funding history
Seed · This round$1M