Yibeal Tradex Private Limited
Investment Size INR 10000 - 10 Lac
Franchise Outlets Less than 10
HX (hyperXchange) is the fastest growing brand for refurbished electronics in India. We are also the only brand we know that offers it's franchise partners:
#1. Assured monthly return to help manage risk, in addition to
#2. A flexible investment plan tailored to growth appetite, and
#3. A strong combination of online scale and offline convenience
Read more to understand why we are RAI's 'Retail Startup of the Year' for 2020 and among Collision's 'Top 10 Startups' for 2018:
Market Opportunity
The market for as good as new lifestyle electronics (mobiles, laptops, televisions and accessories),otherwise called the refurbished market, is a $25 billion opportunity globally, growing at 40% CAGR.
India, UK the US are the fastest growing markets in this space, making over 50% of global revenue.In 2020, the COVID-19 pandemic transformed the remote work and learning realities for all of us, andaccelerated the growth of this market by over 78%.
We see this as a huge opportunity and within three short years, HX has already established itself at the pole position of this industry.
HX Growth
HX differentiates itself from the rest of the market with value propositions that are much ahead of its time. Heres a quick look atwhy we are growing at a scorching pace of over 100% year on year!
#1. AGAiN - As Good As New quality assured
#2. Easy Returns - 30-day worry-free returns on a
#3. Buyback Guarantee - 9-month buyback at upto 80% value
#4. Best Warranty Promise - 12-month Replacement warranty with doorstep pickup