Monday, December 23, 2024
HomeStartupControlZ: Start-up Revolutionising Smartphone Renewal Process

ControlZ: Start-up Revolutionising Smartphone Renewal Process

ControlZ is a Gurugram-based start-up founded by 21-year-old Yug Bhatia that is aiming to refurbish pre-owned smartphones by making them look and function as good as new ones.

The process starts with a thorough quality check using advanced automation technology. The company’s skilled engineers then diagnose and fix any issues with the device, including changing the battery and renewing other parameters such as the camera, display, sound, and printed circuit board assembly. Every part is repaired and retained up to 80% of the original components to ensure a renewed, functional phone that meets high standards.

ControlZ’s ultimate goal is to reduce the carbon footprint of manufacturing new smartphones and extend the lifespan of devices efficiently. By choosing phone refurbishment, customers can decrease electronic waste and environmental impact. Refurbishing produces 80% less carbon and uses 85% less energy than making fresh but similar devices, according to studies.

The company is planning to be fully automated in the renewal process for faster, more accurate results and has implemented a circular channel for components, allowing for the decreased renewal time and improved operational efficiency.

Renew Hub, where the process takes place, is designed to minimize environmental impact utilizing sustainable materials, including bamboo, solar power, rainwater harvesting, and biodiversity preservation. Until now, the start-up has refurbished and sold primarily 60,000 Apple and OnePlus phones. The cost of the renewed devices ranges from Rs 9,799 to Rs 39,999 for iPhone and Rs 6,499 to Rs Rs 46,999 for OnePlus- 60% lower than the cost of new devices, providing market opportunities for customers.

ControlZ is poised to increase its revenue to Rs 50 crores in FY24 and reach Rs 100 crores in FY25. To support its operations and growth, the start-up relies on internal resources and revenue while planning to raise $2 million in debt funding this year to become debt-free and self-sustaining.

In conclusion, ControlZ is a revolutionizing start-up in the smartphone industry, providing sustainable options while creating opportunities for customers by extending smartphone lifespan and decreasing environmental impact.

ControlZ is a revolutionizing start-up in the smartphone industry, providing sustainable options while creating opportunities for customers by extending smartphone lifespan and decreasing environmental impact. As technology continues to rapidly advance, there is an increasing need for innovative solutions that address the growing problem of electronic waste. ControlZ, being at the forefront of this movement, recognizes the importance of prolonging the life of smartphones to reduce the negative impact on the environment.

By implementing sustainable practices and promoting responsible consumption, ControlZ aims to inspire other companies to follow suit and make a positive change in the industry. Through its commitment to innovation and environmental consciousness, ControlZ is truly making a difference in the smartphone industry and setting a new standard for sustainable technology.

RELATED ARTICLES