Why refurbished smartphones are a big thing in India?


The refurbished smartphone industry in India is around $3 billion and is largely unorganized and because of the short tech refresh cycles, people tend to buy smartphones which are a year older from online refurbished platforms.

According to a report, towards the end of every year, sales of news smartphones come down and increase in second hand devices. And Yanntra has been one of the few startups who have been one of the pioneers in the online refurbishment space.

Speaking to TheBigScope, Jayant Jha, Co-Founder, Yanntra talks about what’s in it for shops in smaller towns in India to tie up with online platforms like them, the best selling second hand smartphones in India, competition against e-commerce firms who are also getting into online refurbishment and tackling insurance for such devices.


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