Refurbished electronics retailer Reverse Logistics Corporation will begin selling its range of branded computing, communication and home appliances in markets like Africa and West Asia.
The expansion plans were formalised after the six-year-old company turned profitable in January, said founder Hitendra Chaturvedi.
"We want to be the world's largest reverse logistics company," said the 44-year old entrepreneur who quit Microsoft to set up the venture Microsoft to set up the venture which sells products under the brand name GreenDust.
The company refurbishes damaged or defective electronic product that are sold after adding a profit margin on both an online portal and through a network of offline stores, "We have run successful pilots in Africa and Middle East where we sold refrigerators, washing machines, mobiles and LED televisions," said Chaturvedi. Other target markets include Russia, Central Asia and Southeast Asia.
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