Bangalore: Infinity Assurance, the New Delhi based startup that administers product warranty programs, raises Rs.3.84 crore in a round led by Indian Angels Network. Ina addition to the members of Indian Angel Network (IAN), the funding round was also led by Vishal Lalani (Managing Director u2013 Indication Instruments) and HCL co-founder Ajai Chowdhry. The company will utilize the funds towards further research and development of its flagship product, InfyShield.
Founded in 2014 by Rajesh Kumar Goel and Puneet Gargya, Infinity Assurance offers a wide range of services like service administration, manufacturer warranty and creating and managing warranty products. It also offers comprehensive Warranty, Extended Warranty and Post Warranty solutions for a broad range of brands of electronic gadgets like mobile phones, laptops, tablets, printers, copiers and projectors segments.
In addition to the above services, it also provides Accidental Damage Protection services to the consumers and is planning to offer its services through manufacturer’s authorized service centers, assuring consumers of their best service experience. Also, the company will soon be offering theft and burglary protection services for mobility and personal devices under its InfyShield umbrella.