City-based Infinity Assurance Solutions has raised Rs 3.84 crore from Indian Angel Network.
The funding round was led by Indian Angel Network (IAN) investor members Vishal Lalani (Managing Director - Indication Instruments) and HCL co-founder Ajai Chowdhry, IAN said in a statement.
The company specialises in service administration, including manufacturer warranty and creating and managing warranty products.
It aims to address the increasing problem of warranty management for manufacturers, retailers and customers in a cost effective manner for all brands of consumer electronics, white goods, mobile phones, laptops, printers and projectors.
"Our focus is on helping companies manage their service obligations at fixed price by adding a lot of value to their consumers. IAN's vast network of investors and mentors during our early stage will help grow our business and establish ourselves in the sector at a much quicker pace," Infinity Assurance Solutions founder and CEO Rajesh Kumar Goel said.
