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ControlZ pioneers in the preowned market with easy financing solutions; Partners with 10+ prestigious financing institutions

ControlZ, a smartphone renew specialist brand, has announced its partnership with India’s premier financial institutions for easy financing options.

New Delhi, 07 December 2022: ControlZ, a smartphone renew specialist brand, has announced its
partnership with India’s premier financial institutions for easy financing options. The brand is constantly
focused on creating a like-new experience for its renewed smartphones.

Thus empowering the adoption of renewed devices by ControlZ in order to facilitate easy financing options has partnered with a set of India’s most prestigious financial institutions.

Including HDFC, ICICI, Axis, Citi Bank, American Express, Bank of Baroda, HSBC, IndusInd, Kotak Mahindra, RBL, Standard Chartered Bank, and Yes Bank, customers can avail of easy financing options.

Further, the company, to cater the unbanked customers, has introduced easy cardless EMI options with banks such as HDFC, ICICI, IDFC, Bank of Baroda, Federal Bank, Home Credit Ujjwal Card, etc. Further, in another collaboration with Zest Money, customers can avail of cardless financing options with a minimum payment of as low as Rs. 99 only.

Customers pan India can directly purchase the renewed smartphones from ControlZ’s website. Commenting on the same, Mr. Yug Bhatia, Founder and CEO ControlZ said, With these best-in-class collaborations, we aim to make the process of owning a pre-owned smartphone seamless.

In the modern day, empowerment can be measured by an individual owning a smartphone. Our focus is always to create like-new experiences; this experience goes beyond the product and also includes the purchase and post-purchase experience. We are working continuously in all aspects to make that happen.

These offers would be available at a minimal interest rate along with no-cost EMI options. With the addition of financing services, ControlZ aims to disrupt the pre-owned smartphone market and act as a spur to increase smartphone adoption across India. The company has recently announced its plans to expect a revenue of INR 30 crores in FY 2022–2023 and aims to clock a revenue of INR 100 crores in FY 2023-24. ControlZ, by setting up its renewed hub, is planning to increase its production capacity by 6,00,000 units per annum.

About ControlZ
Established in 2022 by Yug Bhatia, Founder & CEO, ControlZ is a startup that is bringing India’s first renewed smartphone category (not to be confused with refurbished) to set new benchmarks in sustainability and promote conscious consumption amongst smartphone users. Manufacturing a smartphone is estimated to be responsible for over 85-95 percent of the device’s annual carbon footprint.

Around 55 kg of carbon dioxide is emitted during the manufacturing of Smartphones, and high-end smartphones like iPhones and flagship smartphones emit much more.
ControlZ’s vision is to inspire conscious consumption by making an old device aspirational. The company is developing unique industrial know-how in India to Renew old devices and make them as good as new.

This article was shared with Prittle Prattle News as a Press Release.
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