Grest
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Grest - overview
Established
2018
Location
Gurugram, Haryana, India
Primary Industry
Retail
About
Radical Aftermarket Services Pvt Ltd doing business as Grest, founded in 2018 by co-founders Shrey Sardana and Nitin Goyal, operates from Gurugram, India, and specializes in the refurbishment and sale of electronic devices. In September 2025, Grest raised Series A funding led by Equentis with participation from India Accelerator. The Chennai Angels and Lead Invest also participated in the round. The round was part of a larger INR 160 million series A and venture debt funding.
Grest specializes in the sale of certified premium refurbished smartphones and laptops, particularly focusing on Apple products like iPhones and MacBooks. The company employs a rigorous 50-point diagnostic check performed by in-house engineers to ensure the quality and functionality of each device. Grest's offerings cater to environmentally conscious consumers and tech-savvy individuals, targeting urban areas in India, including Delhi, Mumbai, and Bengaluru. The devices are suitable for a diverse customer base ranging from casual users to professionals seeking reliable technology at lower prices.
Grest generates revenue primarily through direct-to-consumer sales of refurbished iPhones and MacBooks, utilizing an online e-commerce platform. The company structures its pricing tiers based on device condition and specifications, ensuring transparency for customers. For example, refurbished models such as the iPhone 14 Plus and iPhone 15 Pro Max are available at competitive prices, significantly lower than new retail prices. Additionally, warranty services enhance customer trust, fostering repeat purchases and contributing to revenue growth in the refurbished electronics market.
The round was part of a larger INR 160 million series A and venture debt funding.
Current Investors
iAngels, India Accelerator, The Chennai Angels
Primary Industry
Retail
Sub Industries
Consumer Electronics Stores, Search Engines, Web Applications
Website
www.grest.in
Verticals
E-commerce, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.