Dubai-based electronics platform Revent raised USD 900k in a pre-seed round, according to a press release. The round was led by US-based venture capital firm Techstars and a group of angel investors in e-commerce. The funds will go towards constructing a self-service platform for businesses as well as expanding Revent's clientele in Saudi Arabia.

About Revent: Co-founded by Baldeep Singh (LinkedIn) and Dhananjay Choubey (LinkedIn) in 2022, Revent offers pre-owned devices to SMEs on a monthly subscription basis across the UAE and Saudi Arabia. “Revent offers devices at up to 40% lower cost of ownership to businesses compared to traditional options and that is one of the reasons for rapid growth of the company,” Techstars managing director Vijay Tirathrai said.

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