Indian doorstep mobile repair company, Yaantra announced that Mr. Vinod Sawhny would be its Senior Advisor. Mr. Sawhny is a consumer retail and telecom veteran. Most recently, he was leading Reliance Communications as its CEO. Previously, he led in senior roles across Bharti Retail, Bharti Airtel, Spice Communications, and Godrej GE Appliances Ltd. Mr Sawhny will help the company develop strategy, build its organization and develop its sourcing and distribution strategy.
“Yaantra is excited to have Mr. Sawhney and expects to significantly benefit from his proven expertise in building and leading large consumer retail organization, as Yaantra further expands across India.”, said Jayant Jha (co-founder and CEO – Yaantra) while welcoming Mr. Sawhny on-board.
Mr. Sawhny noted that “Yaantra is led by a dynamic team that has evolved sophisticated repair and delivery operations with a focus on quality and customer satisfaction. They are growing rapidly and I look forward to support them in this journey.”
Yaantra captured the early mover advantage in the segment of multi-brand mobile/tablet repair combined with doorstep pickup-drop services to end users. It also provides warranty-based solutions to customers and insurance companies, as well as refurbishment services for mobile and tablets across the ecosystem (including the OEMs and refurbished device sellers).
In 2016, it launched refurbished devices sales arm. Yaantra sells refurbished phones through multiple channels comprising leading e-tailers, its own portal (www.yaantra.com), kiosks in strategic locations as well as an expanding network of retailers. The company further provides comprehensive support for these repair phones. Yaantra has repaired approximately 100K mobiles and tablets since its inception in 2013.
In 2016, Yaantra (formerly, GadgetWood) raised an investment from Carpediem Capital Partners (an India-focused private equity fund) and Duane Park. Yaantra is receiving additional capital to accelerate growth and the company has deepened its presence across NCR and Bangalore and is in the process of setting up offices at Mumbai, Pune, and Chennai and develop pan-India operations.