When was Qarmatek founded?

Qarmatek was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Where is Qarmatek located?

Qarmatek 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 Qarmatek associated with?

Qarmatek is associated with Qarmatek Services Private Limited.

How many employees does Qarmatek have?

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

Is Qarmatek a funded company?

Qarmatek is a funded company, having raised a total of $5.11M across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on May 21, 2016.

How much is Qarmatek worth?

The latest valuation of Qarmatek is $***** as of Dec 28, 2021.

When was the latest funding round of Qarmatek?

Qarmatek's latest funding was a $***** Angel round on Jul 09, 2024, with participation from 3 investors. Its primary sector is Professional Consumer Services. In India, the Professional Consumer Services sector has seen $29.5M in funding in 2026 to date.

What is the annual revenue of Qarmatek?

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

Where does Qarmatek rank among its competitors?

Qarmatek ranks 5th amongst 516 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was OneDios, which secured $615K in Aug, 2025.

Who are the top competitors of Qarmatek?

Qarmatek's top competitors include OneDios, Jeeves Consumer Services and F1 Services. Among them, OneDios secured the most recent funding round in August, 2025.

Qarmatek - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of electronics repair, refurbishment, and extended warranty services. It offers repair and refurbishment services for a wide range of electronic devices, including mobile phones and large appliances. The company also provides extended warranty plans to protect customer electronics. A dedicated brand focuses on refurbished mobile phones, offering certified, high-quality devices at affordable prices. Another brand offers quick and efficient repair solutions for various electronic devices. Additionally, it provides EV charging infrastructure solutions. These services aim to extend the lifespan of electronics, reduce e-waste, and promote sustainability.

Website: qarmatek.com
Social
Email ID: *****@qarmatek.com
Phone Number: +91 **********
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

2011

Location

Ahmedabad, India

Stage

Series A

Total Funding

$5.11M in 4 rounds

Latest Funding Round

Angel, Jul 09, 2024, $*****

Post Money Valuation

$***** as on Dec 28, 2021

Investors

Gujarat Venture Finance & 18 more

Ranked

5^th among 516 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

81 as on Aug 31, 2025

Similar Companies

OneDios & 7 more

View Qarmatek's full profile

Qarmatek 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)

Qarmatek has raised a total funding of $5.11M over 4 rounds. Its first funding round was on May 21, 2016. Its latest funding round was a Angel round on Jul 09, 2024 for $*****. 3 investors participated in its latest round. Qarmatek has 4 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of Qarmatek:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 09, 2024	2060506	Angel	1308073	5764205	5081326	9074589
Dec 28, 2021	9512691	Series A	4935583	6842560	1676084	3361125
Sep 17, 2018	8165310	Seed	8299743	9254446	Heli Dhinal Patel & 3 more	Nipam Rameshhandra Shah & 6 more

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View details of Qarmatek's funding rounds and investors

The founders of Qarmatek are Arun Hattangadi, Krunal Shah and Arun Anant Hattangadi.

Here are the details of Qarmatek's key team members:

Arun Hattangadi: Co-Founder of Qarmatek.
Contact Info: 1 email address
Krunal Shah: Co-Founder of Qarmatek.
Contact Info: 1 email address
Arun Anant Hattangadi: Co-Founder & Director of Qarmatek.

Qarmatek's Board of Directors

Qarmatek's board has 3 active members. Krunal Shah is part of team and Kunal Pankaj Naik and Dhaval Rajeshbhai Vakta are independent board members.

Here is the list of Qarmatek's board of directors:

Name	Type	Representing	Status	Duration
Krunal Shah	Team	-	Current	5y 0m
Kunal Pankaj Naik	Independent board member	-	Current	10y 8m
nlsh{nk	Independent board member	-	Current	2y 5m

View details of Qarmatek's Founder profiles and Board Members

Qarmatek's employee count trend

Qarmatek has 81 employees as of Aug 25. The total employee count is 39.0% lower than what it was in Aug 24. Here is Qarmatek's employee count trend over the years:

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Top competitors of Qarmatek include OneDios, Jeeves Consumer Services and F1 Services. Here is the list of Top 10 competitors of Qarmatek, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OneDios 2019, Noida (India), Seed	Online marketplace for diversified local services	$2.88M	LetsVenture, Indian Angel Network & 76 others	61/100
2nd	Jeeves Consumer Services 2007, Bengaluru (India), Acquired	After sales services for home appliances and electronics	$1.96M	Seedfund, Astir Ventures & 2 others	54/100
3rd	F1 Services 2012, Bengaluru (India), Acquired	Chains providing repair services for mobile phones and laptop devices	-	-	53/100
4th	TVS Electronics 1986, Chennai (India), Public	Provider of electronic devices maintenance services	-	-	47/100
5th	Qarmatek 2011, Ahmedabad (India), Series A	Provider of electronics repair, refurbishment, and extended warranty services	$5.11M	Gujarat Venture Finance, Caspian Debt & 17 others	40/100
6th	QUESSCare 2015, Delhi (India), Unfunded	Provider of repair and installation services for electronic devices	-	-	33/100
7th	Four Square Secure 2016, Sonipat (India), Unfunded	Provider of computer repair services	-	-	33/100
8th	TechGuard 2016, Mumbai (India), Unfunded	Provider of electronic repair services	-	-	31/100
9th	Oorja Technical 2003, Indore (India), Unfunded	Provider of electrical services	-	-	31/100
10th	WeFix 2021, Hyderabad (India), Unfunded	Mobile phone and tablet repair service company that provides on-site repair solutions for customers	-	-	31/100

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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 Qarmatek'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	8433465	4499341	2468528	6550232
Arun Anant Hattangadi	64	86	58	83	92	86
Fund	16.67%	15Cr	3922252	5485745	3833979	5422316
Gujarat Venture Finance	9788236	1572774	9676138	2397965	3356989	5549440
Enterprise	31.20%	28.1Cr	3931074	9873690	2997364	5998759
Angel	13.23%	11.9Cr	9890495	7984364	8428862	4833455
Kunal Pankaj Naik	775	660	761	970	818	426
Viral Pankaj Naik	686	764	623	929	405	955
Heli Dhinal Patel	0	0	0	0	0	0
Devendra Podpatlal Patel	0	0	0	0	0	0
Other People	1.47%	1.33Cr	1	1	3	5
ESOP Pool	2.18%	1.96Cr	52	57	76	60
Total	99.99%	90Cr	8080901	1937977	6157136	1548972