Device management platform Servify raised $65 million in Series D led by Singularity Growth Opportunity Fund where AmTrust, the family office of Pidilite, and existing investors including Iron Pillar, BEENEXT, Blume Ventures, and DMI Sparkle Fund also participated.
Servify provide device protection, product buybacks and device exchange, among others. The funds raised will be used to expand Servify’s operations in international markets such as Latin America and Japan. The funds will also be used to improve Servify’s technology platform and prepare the company to deal with pandemic-like situations in the near future. It has operations in India, the United States, Canada, China, the Middle East, and Europe.
