Zobox Success Story: Become a millionaire from an old smartphone, read the full story

Zobox Success Story: Nowadays everyone has a smartphone. But do you know that every year millions of smartphones become useless? If these smartphones are repaired and sold, a lot of money can be earned from them.

Keeping this in mind, Delhi resident Neeraj Chopra started a company named Zobox. Zobox buys old smartphones, repairs them and makes them like new and then sells them at a lower price. Zobox was started in the year 2020 and today this company is doing a business of Rs 50 crore.

Table of Contents

How Zobox Success Story started

Neeraj Chopra was born in Delhi city of India. His grandfather had come to India from Pakistan during the partition and leaving everything behind in Pakistan, Neeraj made all the facilities for his family from here.

Neeraj’s father used to do export import business in Hong Kong and that is why when Neeraj turned 18 years old, he went to Hong Kong with his father in the year 2000.

After reaching Hong Kong, Neeraj completed his entire education in Hong Kong, and also handled his father’s export business there for 12 years. Everything was going well but suddenly in the year 2012, Neeraj had to return to India because his uncle had died.

After coming to India, Neeraj saw that the demand for mobile phones in India was increasing a lot. For this reason Neeraj started importing mobile phones from Hong Kong to India. He saw that the market for selling old mobile phones in India is huge. For this reason, he started the business of refurbishing and selling old mobile phones.

Started business during Corona period, today earning lakhs of rupees every month

Neeraj started a new business in the year 2022 during the Corona period. His business is to sell old mobiles by refurbishing them. Neeraj tells that initially he sold only 100 mobiles, but today his company is earning profits worth lakhs.

Neeraj told that when he started the business, he had to face a lot of difficulties. Due to the lockdown, the financial condition of the people was bad and people were avoiding buying new mobiles. In such a situation, Neeraj had to struggle a lot to find customers for his business.

Zobox: Business worth crores from old mobiles

Neeraj started Zobox company by recycling old mobile phones. He noticed that many people are interested in selling their old mobile phones, but they are unable to find the right buyer. Seeing this problem, Neeraj started Zobox company.

Zobox company buys old mobile phones and then repairs and sells them. The company claims that it provides old mobile phones to its customers at up to 50% discount. This is the reason why the popularity of the company is increasing rapidly.

Currently Zobox company is selling 20,000 to 25,000 mobile phones every day. The annual turnover of the company is more than Rs 50 crore.

Zobox Success Story Overview

Topic	Details
Title	Zobox Success Story
Neeraj Chopra’s Background	Over 15 years of experience in the electronics sector, both domestically and internationally. Pioneer in the refurbished gadgets industry in India.
Zobox’s Launch and Development	Founded in 2020 as a dynamic B2B electronics brand specializing in refurbished mobile phones. Reshaping the industry as market leaders in refurbished mobile phones.
Future of Refurbished Gadgets	Growing demand due to budget-friendliness and eco-consciousness.
Mantra for Success	Commitment to providing finest refurbished gadgets at budget-friendly costs, focusing on quality, latest models, and innovations.
Zobox’s Contribution to Sustainability	Deep commitment to environmental sustainability.

Zobox Success Story

Neeraj’s story tells us that if we work hard and with dedication, we can achieve success in any field. Neeraj worked very hard to fulfill his dream and today he is a successful entrepreneur.

Zobox Success Story Interview