Fuevation Technology Solutions Private Limited

Business Overview

• Operating brand: MobiGarage.
• Fuevation is a technology-driven electronics lifecycle-management company building "the operating backbone for the circular electronics economy" — an integrated platform covering refurbishment, liquidation, parts harvesting, reverse logistics, EPR, Extended Producer Responsibility, compliance and recycling, serving OEMs, EMS providers, retailers, enterprises, insurers, telecom carriers, government agencies, recyclers and e-commerce platforms.
• Positioning line: "Reuse First.
• Recovery Always." Recognised as a DPIIT startup.
• Reported headcount ~59 employees (Nov 2024)., Sources: official site fuevation.com, TheCompanyCheck

Sector & Classification

Consumer Electronics & Durables / Electronic appliances retail & distribution; wholesale trading of old cellular phones and spare parts of cellular phones (NIC — Trading) (Source: Tofler, TheCompanyCheck)

Directors & Key Management

GST Registrations

Not obtained. PAN AADCF9994L was identified (Tofler), but no specific GSTIN could be confirmed via public/free pages — knowyourgst and mastersindia GST-lookup pages returned only generic tool interfaces, not a resolved GSTIN record for this PAN. Do not treat any guessed GSTIN as verified. Home state per registered address would be Delhi (state code 07) but this is inferred, not confirmed.

Financials

• FY2024, year ended 31 March 2025: Revenue ₹28.73 Cr, up ~11% YoY, Source: TheCompanyCheck.
• EBITDA, PAT, net worth, and total assets are gated behind TheCompanyCheck's premium tier and could not be obtained from free sources — reported as "not obtained." Standalone vs consolidated basis not specified on the source, likely standalone, single-entity filer.

Funding History

• No specific funding round names, amounts, or dates disclosed.
• The official site lists it as "Backed by": SOSV (VC firm), IPV, Inflection Point Ventures, Artesian, MeitY, STPI, and "SHASTRA" — these appear to be a mix of investors and government/incubation program affiliations rather than confirmed priced funding rounds
• Amounts and dates not obtained. Tracxn not queried in this pass, source not fetched, — recommend confirming round names there if precision is needed.

Loans & Charges

Related Parties

• Fuevation Technologies LLP, incorporated 5 Jul 2017, based in Gurgaon, Haryana, shares the same two directors, Vivek Kapoor, Pulkit Kapoor, per TheCompanyCheck — likely a promoter-linked group entity, not to be confused as the same legal entity as the CIN under review.
• No other group companies identified.

Legal & Compliance

• None found — Indian Kanoon search for "Fuevation Technology Solutions Private Limited" returned zero matching cases.
• TheCompanyCheck also gates any litigation flags behind premium access, so absence should be read as "none found in free sources," not a confirmed clean record.

Competitive Landscape

• India-based refurbished-electronics / reverse-logistics / e-waste peers of comparable or larger scale: 1) Cashify, large-scale refurbished device marketplace, much larger scale, 2) Yaantra, refurbishment/repair-as-a-service, similar/larger scale, 3) Attero Recycling, e-waste recycling & material recovery, larger scale, 4) ReGlobe, device refurbishment/trade-in, similar scale, 5) Namo eWaste Management, e-waste/EPR compliance, similar scale — also appears as a partner logo on Fuevation's own site, so treat with caution, 6) Karma Recycling, device buyback/refurbishment, smaller/similar scale.
• Scale tags are rough qualitative estimates, not sourced from financial filings.

Frequently Asked Questions

Sources

Tofler (tofler.in/fuevation-technology-solutions-private-limited/company/U52100DL2020PTC360848); TheCompanyCheck (thecompanycheck.com/company/fuevation-technology-solutions-private-limited/U52100DL2020PTC360848); official company site (fuevation.com, and its associated operating-brand landing page mobigarage.com); Indian Kanoon search (indiankanoon.org) for litigation. Falconebiz and knowyourgst/mastersindia GST-lookup pages were attempted but did not return resolvable company-specific data (search-landing pages only) — not used as substantive sources.