Company Intelligence Profile
Fuevation Technology Solutions Private Limited
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) complia…
Last updated 6 August 2026
Fuevation Technology Solutions Private Limited, operating as MobiGarage, is a technology-driven electronics lifecycle-management company that provides an integrated platform for the circular electronics economy. In FY2024, the company reported revenue of ₹28.73 Cr, reflecting an 11% year-on-year growth. Fuevation collaborates with OEMs, retailers, and government agencies to ensure refurbishment and recycling, supporting sustainability in electronics.
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Company Identity
| Registered name | Fuevation Technology Solutions Private Limited |
|---|---|
| CIN | U52100DL2020PTC360848 |
| PAN | AADCF9994L |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 24 January 2020 |
| ROC | RoC-Delhi |
| Sector (NIC) | Consumer Electronics & Durables / Electronic appliances retail & distribution; wholesale trading of old cellular phones and spare parts of cellular phones (NIC — Trading) |
| Registered address | CGN-181, 18th Floor, DLF Capital Greens, 15 Shivaji Marg, West Delhi, New Delhi, Delhi, India – 110015 |
| Authorized capital | ₹10 Lakh |
| Paid-up capital | ₹1.43 Lakh |
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)
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vivek Kapoor | 08679474 | Whole-time Director | 24 Jan 2020 |
| Pulkit Kapoor | 07853885 | Whole-time Director | 24 Jan 2020 |
Financials
- Revenue ₹28.73 Cr, up ~11% YoY. 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
- 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 — recommend confirming round names there if precision is needed
Charges/Loans
- Open charges ₹3 Cr
- Satisfied charges ₹1.25 Cr; latest charge ₹1.5 Cr registered 22 July 2025 (lender listed only as "Others/unlisted lender")
- 3 total charge records
- Lender names beyond "Others" not obtained
Legal
Not available in the public sources reviewed.
Competitors
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