Hotline: 1800 102 2007
Hotline: 1800 102 2007
Feb, 18 2019

Yaantra eyes expanding its operations to over 800 cities in India

Yaantra is planning to expand its operations to more than 800 cities and towns in India over the next three years.

Yaantra eyes expanding its operations to over 800 cities in India

Yaantra is planning to expand its operations to over 800 cities and towns in India, engaging more than 40,000 retailers over the next three years.

The company, which provides repair services and refurbished smartphones, will also be setting up a network of company-owned and franchisee-run repair centres in 220-250 towns and cities during the same time period.

Yaantra said in a statement, "India has seen the highest year-on-year growth at 41 per cent in the refurbished category of the smartphones. The refurbished smartphones market is set to grow by 27 per cent in the coming years, where the market size for repair is USD 2 billion and for the refurbished segment is USD 4 billion (expected to reach USD 10 billion by FY2022)."

Jayant Jha, Co-Founder and CEO, Yaantra, said, "The expansion is just an extension of our commitment to the 400 million people who are still on feature phones. We are geared up to fulfill their aspirations of having a branded smartphone at an affordable price."

"With this expansion spree, Yaantra targets a 5X projected growth and will also generate employment for 3,000-3,500 skilled professionals across the company's repair, refurbish and service segment in these three years," he added.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Bike Maintanance & Repair Services
    About Us: Ratanshil Online Services Pvt. Ltd. is a registered company..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Gyms And Fitness Centres
    About Us: GROUP EX FITNESS ® ISO 9001:2015 certified, started in..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater bangalore Karnataka
  • Quick Service Restaurants
     About The London Shakes: The London Shakes are the re-inventors of..
    Locations looking for expansion Madhya pradesh
    Establishment year 2009
    Franchising Launch Date 2011
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya pradesh
  • Consumer Electronics
    About Us: INDIA’S LEADING CONSUMER ELECTRONICS BRAND Launched in 2016, TAGG (Technologically..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities