REEBELO, which operates a marketplace for used electronics, has raised a seven-figure sum for its seed funding round, which was led by tech investor June Fund, with participation from early-stage venture investor Antler.Reebelo's e-commerce site offers users access to technology devices that are checked and refurbished by experts who control over 40 checkpoints.
Reebelo is an officially registered second-hand goods dealer and offers extended warranty. It also lets customers sell their used devices for cash through their online trade-in tool. The platform promises savings of up to 70 per cent compared to the cost of new devices, and offers free replacements for unsatisfied customers. Compared to traditional consumer-to-consumer platforms such as eBay, it offers tested quality, ensuring that all devices are 100 per cent functional, said Reebelo.
Source: News Formal (newsformal.com)
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