Device management startup Servify raised Rs 85.8 Cr from existing investors

Mumbai-based device management platform Servify raised funding from its existing investors Iron Pillar, Tetrao SPF & Blume Ventures via Milestone Trusteeship for strategic business expansion & stability.

Where Iron Pillar is investing Rs 82.49 Cr (16.74% stake) from its Iron Pillar Top Up fund, Tetrao SPF is investing Rs 2.24 Cr (1.43% stake) & Blume Ventures via Milestone Trusteeship is investing Rs 1.12 Cr (4.57% stake) - according to MCA

Servify offers a platform which aims to help users access authentic brand authorised service during in-warranty as well as out of warranty scenarios, It also offers services like product diagnosis, warranty and protection plans, queue management, and chatbot support to its clients like Amazon, Apple, Croma, Godrej, Huawei among others