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Founded
2018
Headquarters
Thrissur
Overview

About Afath Technologies Private Limited

AFATH TECHNOLOGIES PRIVATE LIMITED is incorporated on 11/12/2018 with a mission to empower unorganised Mobile retails sector to organised and to enhance the capabilities of retail by optimising the capacity of online/ offline market. Present scenario of unorganised mobile retail sellers: Majority of the unorganised mobile retail sellers are on the verge of closing their business due to their inability to compete with big corporate in terms Technology, Finance, Marketing Strategies, Cost effectiveness etc and due to their conventional format of low-cost retailing. As the power of modern tools and technologies is in the hands of few large Companies, these retailers are finding it difficult to grow their business more than ever before. Example: 1) Mobile recharges mostly moved to online apps like Paytm, Phone Pay, Gpay etc. They are giving cash back along with some special offers 2) Since Flipkart, Amazon, Paytm etc providing best offers rather than unorganized retailers, around 70% mobile sales moved online platforms operated and maintained by said big corporate giants 3) Amazon is commencing micro-outlets all over India. 4) Reliance

Registry

Corporate Registry

Company class
Private
Paid-up capital
₹1 L
Authorized capital
₹10 L
Registrar
ROC-Ernakulam
Registered state
Kerala
CIN
U32309KL2018PTC055891

Manufacture of radio, television and communication equipment and apparatus

Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.

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