Renewed smartphone brand ControlZ attracts $3-M led by 9Unicorns, Venture Catalysts

Gurugram-headquartered renewed smartphone brand ControlZ has attracted seed funding of USD 3 million (around INR 24.9 crore) co-led by 9Unicorns and Venture Catalysts in a combination of debt and equity infusion.Founded by Yug Bhatia, ControlZ specialises in the component-level renewal of pre-owned devices both cosmetically and functionally, increasing its life cycle.The firm plans to use the fresh funding to fortify its automation excellence while benchmarking towards advanced testing labs on par with original equipment manufacturers (OEMs).