Device management platform Servify secured $65 million in Series D funding, which was headed by Singularity Growth Opportunity Fund and included participation from AmTrust, the family office of Pidilite, and current investors Iron Pillar, BEENEXT, Blume Ventures, and DMI Sparkle Fund.
Servify offers a variety of services, including device exchange, product buybacks, and device protection. The funds raised will be applied to Servify’s international expansion into countries including Latin America and Japan. Servify will also use the funding to upgrade its technological infrastructure and get ready to handle pandemic-like scenarios in the near future. It conducts business throughout the Middle East, Europe, the United States, Canada, China, and India.