An alumnus of the LUMS Center for Entrepreneurship, RepairDesk has secured seed funding of 40,000 dollars from Anant Handa, CEO and Founder of Revamp Wholesale, who will also be joining the company as a cofounder to lead product strategy and marketing.
Founded in 2014, RepairDesk is cloud-based point of sale and customer relationship management software, engineered specifically for small and medium-sized cell phone repair shops that allow technicians to stay on top of inventory, track repairs, manage multiple outlets and make smart decisions based on detailed business reports.
It provides complete transparency at every stage, starting from the time the phone is initially dropped off for repair, to the time it is available for pickup for a deceptively large multi-billion dollar mobile repair industry.
RepairDesk boasts a portfolio of over 900 clients registered on its platform which is managed by a team of 9 employees based out of Lahore, Pakistan.
Talking about the investment, Usman Butt said that the funding is a gateway to great things for the future of the company. He further stated,
“We are very excited to have gained the trust of the investors. We have worked tirelessly to build the product and gain substantial initial traction. The funding comes just in time when we needed it to scale the company and acquire new customers while serving the existing ones even better.”
When asked about the deal details, Usman said that the funding sufficiently meets our growth, marketing and R&D objectives for the year, but more important than the funding amount and value of the company is the strategic fit with Revamp Wholesale which is a large US based supplier of mobile spare parts and accessories boasting over 8000 customers in 11 countries.
While speaking to TechJuice, Usman Butt said,
“The partnership could be interesting because our business development team will also have access to their 7000 registered accounts, free marketing, conversion on sign ups & a sales force until we are setup.”
After their graduation from LUMS Center for Entrepreneurship, team RepairDesk now operates through its office in Cavalry Ground, Lahore.