DFF has led a Seed round investment in Getmobil, a startup focused on creating a robust refurbished consumer electronics marketplace in Turkey.
Information on the Target
Getmobil is a dynamic startup founded in 2021 by siblings Mehmet and Zeynep, aiming to revolutionize the refurbished consumer electronics market in Turkey. The company operates as a three-sided marketplace that creates connections among consumers, merchants, and trade-in partners, ensuring compliance and quality assurance. Getmobil is committed to addressing the inefficiencies prevalent in the current trading ecosystem, leveraging advanced trade-in technology to empower retailers and e-commerce platforms both online and offline.
The idea for Getmobil was birthed from Mehmet's personal experience running a small phone repair shop. Frustrated with the challenges in the refurbishing market, he sought to uplift the industry and support thousands of informal merchants in Turkey, fostering a healthy ecosystem for refurbished electronics.
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Industry Overview in Turkey
Turkey presents a unique opportunity in the refurbished consumer electronics market, currently navigating a burgeoning landscape. The country's formal refurbishment sector is still in its infancy, yet the informal trade is estimated to
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DFF
invested in
Getmobil
in 2021
in a Seed Stage deal