~ Offers easy cardless financing options for Unbanked section
~ Aims to clock 100 crores in the F.Y 2023
New Delhi, 07 December 2022: ControlZ, a smartphone renew specialist brand, has announced its partnership with India’s premier financial institutions for easy financing options. The brand is constantly focused on creating a like-new experience for its renewed smartphones. Thus empowering the adoption of renewed devices by ControlZ in order to facilitate easy financing options, has partnered with a set of India’s most prestigious financial institutions. Including HDFC, ICICI, Axis, Citi Bank, American Express, Bank of Baroda, HSBC, Indusind, Kotak Mahindra, RBL, Standard Chartered Bank, and Yes Bank, customers can avail easy financing options.
Further the company to cater the unbanked customers has introduced easy cardless EMI options with banks such as HDFC, ICICI, IDFC, Bank of Baroda, Federal Bank, Home Credit Ujjwal Card etc. Further, in another collaboration with Zest Money, the customers can avail cardless financing options with minimum payment of as low as Rs. 99 only. Customers pan India can directly purchase the renewed smartphones from ControlZ’s website.
Commenting on the same Mr. Yug Bhatia, Founder and CEO ControlZ said, With these best-in-class collaborations we aim to make the process of owning a pre owned smartphone seamless. In the modern day empowerment can be measured by an individual owning a smartphone. Our focus is always to create like-new experiences, this experience goes beyond the product and also includes the purchase and post purchase experience. We are working continuously in all aspects to make that happen. These offers would be available at a minimal interest rate along with no cost EMI options. With the addition of the financing services, ControlZ aims to disrupt the pre-owned smartphone market and act as a spur to increase smartphone adoption across India. The company has recently announced its plans for expecting a revenue of INR 30 crores in FY 2022–2023, and further aims to clock a revenue of INR 100 crores in FY 2023-24. ControlZ by setting up its renew hub is planning to increase its production capacity by 6,00,000 units per annum.
