Company Research Report: ReNew IT

Company Overview

Name, Mission of the Company

• Name: ReNew IT

• Mission: "Make Computers Affordable for everyone"

Founding Details

• Founded: 2009

• Founders: Raghav B.K. and Mukund B.S.

Key People

• Raghav B.K: Co-founder, with a background in the pharmaceutical industry, and an MBA from Manchester Business School. TEDx speaker advocating for universal computer accessibility.

• Mukund B.S: Co-founder, holds a BE in Electronics from NIT Surat and MBA from IIM Calcutta. Inspired by the "Triple Bottom Line" philosophy to create a venture with significant social impact.

• Akshata Boggaram: Key team member, specializes in SQL/Oracle Database Administration, with a background in teaching and social change.

• Neelakantiah: Operations Manager, instrumental in maintaining operational efficiency.

Headquarters

• Location: Bangalore, India. The company has a PAN India presence with rapid delivery and service capabilities.

Number of Employees

• As of the latest data, the company includes a team of 7 technicians and key managerial staff.

Revenue

• No information is available.

Known For

• ReNew IT is recognized as India's first Microsoft Authorized Refurbisher, providing affordable, quality refurbished computers.

Products

Product Offerings

1. Refurbished Desktops

• Rigorously tested, genuine Windows licensed, and warranty-backed desktops ranging from Pentium 4s to Core i7 models.

• Key Features: Authentic, reliable, well-manufactured desktops ensuring top-notch performance.

2. Refurbished Laptops

• Wide range of laptops including Core2Duo, Dual-core, to Core i7, offering affordable options with high performance and authenticity.

• Key Features: Durable parts, genuine Windows license, environmental friendliness.

High-Level Description & Key Features

• Both offerings provide a refurbished experience that promises performance akin to new, accompanied by a computer protection plan and widespread service and support.

Recent Developments

Recent Company Developments

• CSR Initiatives: "Computers in Schools" initiative to bridge the digital divide by facilitating computer labs in underfunded schools.

• Expansion: The company is expanding operations in Hyderabad, with plans for Mumbai, aiming to enhance its presence across major cities in India.

New Products Launched

• No information is available.

New Features Added

• No information is available.

Partnerships

• Acts as a facilitator for CSR initiatives, connecting corporate organizations with NGOs for the refurbishing and deployment of computers in schools.

This structured and detailed analysis encapsulates the ethos, operations, and strategic directions of ReNew IT as discerned from the existing data. All claims are constrained to the information provided, observing the factual details of ReNew IT’s mission-driven operations in India.