Phonup to set up 25 stores in Bengaluru

Smartphone retailer Phonup India, a joint venture between Franchise India and Phonup Italy, on Friday announced plans to set up 25 retail stores in Bengaluru.

Interacting with DH, Franchisee India Chairman Gaurav Marya said their stores will be a 'one-stop-destinations' for all mobile phone solutions.

"We just opened our operation in Bengaluru by opening first store on Cunningham Road. We are expanding our points of sale to 25 stores by the end of this year with a total investment of $1 million," he said.

Phonup, offers the widest range of new and certified pre-owned smartphones and tablets from leading brands such as Apple iPhone, Samsung, Xiaomi, OnePlus, Motorola and Lenovo among others.

"We will be the franchisee of Phonup in Asia and will start our operation in India. We will expand our presence in other geographies," he said.

Phonup India Chief Operating Officer Sanjeev Arora said Phoneup focus is on four important points. "Besides selling new phones and pre-used phones, we are also selling all mobile accessories and offer extended warranty to consumers," he said.

Arora said the company has tied up with Pine Labs to provide the finance the support for the warranty service. "We will charge 7% to 8% of the phone's bill value to provide extended warranty," he said.

The company started its operation last year by opening up stores in Gurugram and Kathua.