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Fonebox Retail Limited is a multi-brand retailer of smartphones and accessories from brands like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax.
Fonebox Retail is making a significant strategic move, acquiring 100% of NWOM Retailers for ₹25.74 Cr via a share swap. This acquisition is set to bolster Fonebox's presence in the mobile and telecom retail sector by consolidating market share and leveraging operational synergies. Management expects this deal to triple NWOM's...
Fonebox Retail is expanding its global footprint by acquiring a 5% stake in Dubai-based Digiwave Global Trading Fzco for AED 10,000. Digiwave is a significant mobile phone wholesaler (importer/exporter) with a turnover of approximately 335 Cr INR in 2025, operating across key international markets including UAE, USA, and China. This...
Fonebox Retail is expanding its global reach by acquiring a 5% stake in Dubai-based Digiwave Global Trading Fzco for AED 10,000. Digiwave is a significant global wholesaler specializing in mobile phones, serving markets across the UAE, USA, China, and more, with a turnover of AED 14,76,43,570. This strategic acquisition aims...