Kitar
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Kitar - overview
Established
2024
Location
South Jakarta City, -, Indonesia
Primary Industry
Consumer Products
About
Based in jakarta, Indonesia and founded in 2024, Shenzhen Qida Xingchen Technology Co. , Ltd. , trading as Kiter, operates a self‑operated B2C model for used smartphones. In April 2026, Kitar raised USD 10 million in pre-series A funding led by Source Code Capital, with participation from MindWorks Capital and Hike Capital.
The company mainly engages in the recycling and sales of secondhand mobile phones to meet consumer demand. The company generates revenue by operating a secondhand e-commerce marketplace, selling refurbished smartphones through a B2C model and facilitating C2C transactions.
Current Investors
MindWorks Capital, Source Code Capital, Hike Capital
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, Recycling
Website
www.kitar.id/
Verticals
Artificial Intelligence, E-commerce, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
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