In a first, this app to allow customers to sell, upgrade and exchange their smartphones

Leading smartphone repairs and refurbishment company Yaantra has launched India's first app-based platform on Thursday that allows customers to sell, upgrade and exchange their smartphones. The app integrates consumers, retailers, OEMs and financial institutions. It will allow consumers to diagnose and evaluate the value of their smartphone and choose to sell it for cash or upgrade to latest offerings by Yaantra. The app will be available in more than 14,000 cities and towns of the country allowing the customers to upgrade to new smartphones. 

The app automatically identifies the model of the smartphone, diagnoses the important hardware/software attributes to rate the Mobile Health Score. The company claims that the consumers will be able to discover the highest resale value of a smartphone with an option to sell or upgrade instantly. It added that the primary version of the app will enable consumers to sell or upgrade smartphones but going forward, PhoneCash will also connect customers to the nearest retail and online stores to sell and buy smartphones.

Jayant Jha, Co-founder & CEO, Yaantra said, "Our vision is to make smartphones affordable for all empowering customers to embrace the digital revolution that our country is experiencing. Taking this thinking forward, we are excited to announce our latest offering PhoneCash, transforming the way consumers buy and sell smartphones. Customers have realized that getting a good price for used smartphones is increasingly becoming a challenge. Our idea is to give customers a platform to stay ahead of the technology curve by encouraging them to exchange their smartphones for the best bargain and helping them upgrade at an affordable price. PhoneCash is poised to disrupt the smartphone industry in the country."

The app would run a complete auto diagnosis engine which tests a smartphone's Wifi, Bluetooth, GPS, Network, camera, flashlight, battery, touch, speaker, charging, face ID, fingerprint, volume button and others followed by self-evaluation of physical attributes of the phone through a questionnaire. 

The value of the old smartphone is derived on the basis of the health score.