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Grest - About the company

Grest is a seed company based in Gurugram (India), founded in 2018 by Shrey Sardana and Nitin Goyal. It operates as an Online retailer of certified refurbished electronics. Grest has raised $4.31M in funding from investors like Equentis Wealth Advisory Services, India Accelerator and ICMG Group, with a current valuation of $*****. The company has 55 active competitors, including 6 that are funded. Its top competitors include companies like Cashify, Selsmart and GreenDust.

Company Details

Online retailer of certified refurbished electronics. The product catalog includes smartphones, tablets, laptops and accessories. Devices undergo quality checks and come with a warranty. The business provides options for purchasing devices, including payment plans. It offers a return and exchange program.
Website
grest.in
Social
Facebook
Email ID
*****@grest.in
Phone Number
+91 **********
Registered Address
Khasra No. 34/22, 1st Floor, NK Tower, Kanhai Road, Sector-45, Gurgaon Sector 45, Gurgaon, Sector -45, Haryana, India, 122003
Key Metrics
Founded Year
2018
Location
Gurugram, India
Stage
Seed
Total Funding
$4.31M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 12, 2026
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
60 as on Aug 31, 2025
Similar Companies
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Grest's funding and investors

Grest has raised a total funding of $4.31M over 6 rounds. Its first funding round was on Aug 05, 2023. Its latest funding round was a Seed round on Mar 12, 2026 for $*****. 4 investors participated in its latest round. Grest has 13 institutional investors and 36 angel investors.

Here is the list of recent funding rounds of Grest:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 12, 2026
9838492
Seed
5014411
3988548
4835584
6126663
Jan 21, 2026
5985403
Seed
5396496
2429037
5536856
Sep 23, 2025
6240514
Conventional Debt
5916271
9547584
1130145
1882338
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Grest's founders and board of directors

Founder? Claim Profile
The founders of Grest are Shrey Sardana and Nitin Goyal. Shrey Sardana is the CEO of Grest.
Here are the details of Grest's key team members:

Grest's Board of Directors

Grest's board has 4 active members. Sanjeev Aggarwal, Shrey Sardana and Nitin Goyal are part of team and Anand Jagdish Banka is independent board member.
Here is the list of Grest's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 9m
Team
-
Current
7y 9m
hesju{{
Team
-
Current
4y 7m
{xabyee
Independent board member
-
Past
1y 4m

Grest's employee count trend

Grest has 60 employees as of Aug 25. The total employee count is 186.0% more than what it was in Aug 24. Here is Grest's employee count trend over the years:
Employee count trend for Grest
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Grest's Competitors and alternates

Top competitors of Grest include Cashify, Selsmart and GreenDust. Here is the list of Top 10 competitors of Grest, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cashify
Cashify
2009, Gurugram (India), Series E
Online retailer of refurbished and used consumer electronics and gadgets
$140M
80/100
2nd
Logo for Selsmart
Selsmart
2024, Noida (India), Unfunded
Online retailer of used appliances offering instant cash and free pickup
-
-
63/100
3rd
Logo for Grest
Grest
2018, Gurugram (India), Seed
Online retailer of certified refurbished electronics
$4.31M
63/100
4th
Logo for GreenDust
GreenDust
2008, Delhi (India), Deadpooled
Online reverse logistics retail for sale of factory second products
$55.3M
43/100
5th
Logo for Overcart
Overcart
2012, Delhi (India), Deadpooled
Marketplace for over-stock, unboxed, and pre-owned electronic products
$3.65M
42/100
6th
Logo for Cashforphone
Cashforphone
2017, Delhi (India), Unfunded
Provider of used phone buying, selling, and repair services
-
-
42/100
7th
Logo for Surpluss
Surpluss
2014, Delhi (India), Deadpooled
Online platform for unboxed, refurbished, over-stock electronic products
$1.32M
-
40/100
8th
Logo for Budli
Budli
2013, Bengaluru (India), Funding Raised
Provider of a recommerce platform for buying and selling refurbished electronics
-
39/100
9th
Logo for Cashmen
Cashmen
2018, Mumbai (India), Unfunded
Online platform to sell used gadgets
-
-
39/100
10th
Logo for SellMyCell
SellMyCell
2019, Bengaluru (India), Unfunded
Online platform for selling pre-owned mobile phones
-
-
39/100
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Grest's Latest cap tables and shareholding

Founders (largest shareholder) own 68.29%, Funds own 11.49%, Enterprises own 0.63% and Angels own 15.69%. The net worth of Grest's founders is INR 87Cr as of Mar 12, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
68.29%
87Cr
7701896
9824508
7111734
3425530
5179451
1602022
7546835
6483119
6380609
1665296
8421719
1082268
1023998
7158804
5557705
7723544
Fund
11.49%
14.6Cr
3803844
8290262
1555676
1658845
3618035
1084237
8031976
6848381
6263676
3745629
7
8
8
8
3
8
0
0
0
0
0
0
Enterprise
0.63%
80.4L
0
0
0
0
Angel
15.69%
20Cr
2277244
1687974
4381081
5833171
4
5
4
4
7
7
0
0
0
0
0
0
ESOP Pool
3.90%
4.97Cr
176
259
768
364
Total
100.00%
127Cr
5646358
8286337
3282198
5909819
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Grest's Shareholding

Grest's Investments and acquisitions

Grest has made no investments or acquisitions yet.

Reports related to Grest

Here is the latest report on Grest's sector:

News related to Grest

Media has covered Grest for a total of 4 events in the last 1 year.
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FAQs about Grest

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