The Gadget and mobile phone repair platform raised an investment of $275,000 from a stellar consortium of international and domestic investors, including Morris Street Advisors (MSA) and P. Krishnamurthy, former vice chairman of JM Morgan Stanley.
Repaireasy plans to use the funds to further develop technology, strengthen customer support, develop new value-added services, and fuel expansion. It also plans to launch 10 to 12 hubs across the country, as the next stage of development.