Where is Mobex located?

Mobex is headquartered in Ahmedabad, India. It is registered at 401 to 405, Shashwat Business Park, Old Anant Mill Opp. Soma Textiles, Rakhial Road, Ahmedabad, Ahmedabad, Gujarat, India, 380023.

Which legal entities is Mobex associated with?

Mobex is associated with Qarmatek Services Private Limited.

How many employees does Mobex have?

As of Aug 31, 2025, Mobex has 81 employees, reflecting a 38% year-over-year decline in headcount.

Is Mobex a funded company?

Mobex is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Mobex?

Annual revenue of Mobex is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Mobex rank among its competitors?

Mobex ranks 25th amongst 45 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was MobiGarage, which secured $113K in May, 2024.

Who are the top competitors of Mobex?

Mobex's top competitors include Selsmart, Yaantra and InstaCash. Among them, MobiGarage secured the most recent funding round in May, 2024.

Mobex - 2026 Company Profile, Competitors & Financials

Company Details

Platform offering refurbished smartphones. The platform offers a range of tested and certified renewed smartphones. It also offers online repair services on multiple branded mobile phones. The customers can also sell the phone on the platform by providing a description and pricing.

Website: www.mobex.in/
Social
Email ID: *****@Mobex.in
Phone Number: +91 **********
Part Of
Registered Address: 401 to 405, Shashwat Business Park, Old Anant Mill Opp. Soma Textiles, Rakhial Road, Ahmedabad, Ahmedabad, Gujarat, India, 380023

Key Metrics

Founded Year

2017

Location

Ahmedabad, India

Stage

Unfunded

Ranked

25^th among 45 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

81 as on Aug 31, 2025

Similar Companies

Gazelle & 35 more

View Mobex's full profile

Mobex is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Qarmatek Services Private Limited CIN: U52602GJ2011PTC064951 , India, Active	Apr 14, 2011	₹10 - ₹50 Cr (As on Mar 31, 2025)	81 (As on Aug 31, 2025)

Mobex has not raised any funding rounds yet.

Mobex's employee count trend

Mobex has 81 employees as of Aug 25. Here is Mobex's employee count trend over the years:

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Top competitors of Mobex include Selsmart, Yaantra and InstaCash. Here is the list of Top 10 competitors of Mobex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Selsmart 2024, Noida (India), Unfunded	Online retailer of used appliances offering instant cash and free pickup	-	-	63/100
2nd	Yaantra 2013, Noida (India), Acquired	Online platform for selling multi-category second hand smartphones and accessories	$16.8M	Duane Park, Carpediem Capital & 32 others	61/100
3rd	InstaCash 2017, Jaipur (India), Seed	Online buy-back platform for pre-owned smartphones	$687K	CompAsia, 500 Global & 7 others	46/100
4th	GreenDust 2008, Delhi (India), Deadpooled	Online reverse logistics retail for sale of factory second products	$55.3M	Vertex Ventures, Lightbox & 26 others	43/100
5th	Cashforphone 2017, Delhi (India), Unfunded	Provider of used phone buying, selling, and repair services	-	-	42/100
6th	MobiGarage 2020, Delhi (India), Series A	Provider of doorstep smartphone repair and spare parts services	$1.65M	SOSV, Orbit Ventures & 92 others	42/100
7th	ControlZ 2002, Gurugram (India), Seed	Online retailer offering a wide range of second-hand mobiles and accessories	$3M	100Unicorns, Venture Catalysts & 9 others	41/100
8th	PhoneDekho 2017, Surat (India), Unfunded	Online retailer offering smartphones	-	-	41/100
9th	Blynk 2018, Mumbai (India), Seed	Online platform offering refurbished & preowned mobiles	$885K	RP tech, Arvog & 13 others	40/100
10th	Gobol 2012, Delhi (India), Deadpooled	Online retail electronic store for unboxed and surplus products	-	-	40/100
25th	Mobex 2017, Ahmedabad (India), Unfunded	Platform offering refurbished smartphones	-	-	28/100

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Founders (largest shareholder) own 35.24%, Funds own 16.67%, Enterprises own 31.20% and Angels own 13.23%. The net worth of Mobex's founders is INR 31.7Cr as of Dec 28, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	35.24%	31.7Cr	8828517	9423034	9417150	4032102
Fund	16.67%	15Cr	4909222	6756054	4215983	7081527
Enterprise	31.20%	28.1Cr	8397120	3492916	9848169	8976332
Angel	13.23%	11.9Cr	6516853	5820149	8323782	6451923
Other People	1.47%	1.33Cr	2	7	8	5
ESOP Pool	2.18%	1.96Cr	67	58	72	76
Total	99.99%	90Cr	8983334	9883120	9682941	9120647