Gadget repair startup, PICKME raises funding from three angel networks

Created on: 04/18/2013 - 12:19


PICKME eSolutions India, a company which offers doorstep
service for gadget repair, has raised funding from Mumbai Angels, Bangalore
Angels and Chennai Angels. All three networks have invested an undisclosed amount
in the company, reported Economic Times.

"The investors
viewed the firm as a high-quality early stage company with potential for
sustainable scalability and profitable growth," said Anil Joshi, president
of Mumbai Angels.

Founded in 2011 by Praful Wadyalkar, Wilbret D Raj and Joseph
Sudhakar, with an aim to tap the underserved gadget repair space.

"Our aim is to offer 'doorstep concierge concept' in
gadget care," said Wadyalkar, CEO of PICKME, who earlier worked at Samsung
India Electronics.

"Any service that can save time is valuable," he
said.

With a headcount of over 160 people and presence in four
cities, the company aims to expand its operations in other cities as well.

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