Strategic Partnership Details

GNG Electronics Limited ("Electronics Bazaar") has entered into a strategic distribution partnership with Redington Limited, India's largest distributor of IT products, for the nationwide distribution of its refurbished computers across India. This partnership represents a continuation of the Company's channel-led expansion strategy.

Distribution Scope and Network

Under the partnership, Redington will distribute Electronics Bazaar's range of professionally refurbished laptops, desktops and enterprise computing systems across India. Redington's pan-India distribution network spans Tier 1, Tier 2 and Tier 3 markets, which is expected to:

  • Widen GNG's market reach
  • Deepen enterprise, education and institutional penetration
  • Strengthen access to warranty-backed refurbished systems
  • Provide access to one of India's most established ICT distribution networks

Strategic Context and Market Position

Channel partnerships have been a key pillar of Electronics Bazaar's growth strategy. The Company continues to enhance its distribution network by partnering with established distribution and reseller networks that extend its reach across the country. This partnership adds one of the deepest distribution ecosystems in Indian IT to Electronics Bazaar's existing channel relationships.

The collaboration aims to broaden access for GNG's refurbished portfolio across:

  • Resellers
  • System integrators
  • Enterprise buyers
  • Education sector buyers
  • Institutional buyers

Market Formalization Initiative

India's refurbished ICT market has historically operated through fragmented and unorganized channels. Collaborations with established distribution organizations are an important part of formalizing the category and integrating professionally refurbished devices into mainstream ICT procurement cycles.

Expected Outcomes

Through this partnership, Electronics Bazaar expects to:

  • Enhance distribution velocity
  • Improve geographic penetration
  • Further embed its products within organized channel ecosystems

The Company remains focused on disciplined execution and sustained category leadership as it continues to scale within the organized refurbished ICT segment.

Company Background - GNG Electronics Limited

GNG Electronics Limited is India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India. As of March 31, 2026, the company has significant presence across:

  • India
  • USA
  • Europe
  • Africa
  • Middle East

The company follows a repair-over-replacement approach to provide affordable, reliable, and premium ICT devices that are functionally and aesthetically comparable to new products, backed by credible and reliable warranty.

Partner Background - Redington Limited

Redington Limited is a leading technology solutions provider and a Fortune India 500 company that empowers businesses in their digital transformation journeys by addressing technology friction. The company has:

  • Presence in over 40 markets
  • 450+ brand associations
  • 70,000+ channel partners

Redington enables end-to-end distribution for IT/ITeS, Telecom, Lifestyle, and Solar products across various markets, remaining a trusted global distributor of products, services, and solutions.