New Delhi (India), February 6:(*2*) Cellecor Devices Restricted, an rising client durables firm on India’s quickest rising digital items panorama, is proud to announce the grand opening of its 2 Unique Brand Shops in Bhopal and Andaman & Nicobar Islands, with a meticulously curated plan to have extra such “Unique Brand Shops” throughout India.

These “Unique Brand Shops” are aiming to supply extra intuitive, user-friendly purchasing expertise for these in search of an ideal mix of model, high quality, exclusivity, and affordability.

Opening unique shops will offer a number of benefits to the Firm, the place it’ll management all the purchasing expertise, reinforcing unique model picture, enabling the corporate to showcase its full vary of merchandise, together with unique/limited-edition gadgets, creating a way of rarity and desirability. It’s going to present a direct platform for the Firm to work together with its prospects, perceive their preferences, and construct lasting relationships.

All merchandise together with Mobiles, Good TVs, Washing Machines, Kitchen home equipment, Good wearables and hearables shall be obtainable at these unique shops. Unique SKUs discovered solely in offline shops is not going to be offered by means of on-line channels. Additional, chosen premium class merchandise can have unique availability at the outlet for a specified interval, with franchisees receiving precedence for promoting these things.

Cellecor engaged on Franchise Mannequin-In embracing the franchise mannequin, Cellecor is fostering a collaborative enterprise the place the synergy between our established model and the entrepreneurial spirit of native franchisees creates a dynamic power within the retail panorama. This strategic partnership goals to reinforce the client expertise significantly, all whereas upholding the distinctive identification and exclusivity that define our model. With their profound understanding of regional preferences, client behaviours, and cultural nuances, our franchisees guarantee a seamless integration of our model into the material of every group.

Cellecor Devices is advance stage of finalizing extra collaborations to open extra such Unique Brand Shops throughout India

The corporate is at present in superior discussions with a number of franchises to open roughly 16 shops throughout varied cities in India by the tip of March’ 2024. This transfer reflects our robust dedication to the colourful Indian market and our perception within the immense potential to advertise Indian manufacturers. We’re actively exploring prime areas in key cities, emphasizing a seamless integration of our model with native tradition and preferences in every new outlet. Furthermore, we’re happy to share that each one these upcoming shops will function below the franchise mannequin, selling native entrepreneurship and contributing to the financial progress of the areas we enter.

Mr. Ravi Agarwal, Founder of Cellecor Devices Ltd commented ” I’m delighted to announce the opening of our unique model shops. This strategic transfer represents a significant milestone for our firm, reflecting our dedication to elevating the usual of retail excellence. We’re proud to undertake a franchise mannequin for these unique shops, a strategic transfer that mixes the power of our model with the entrepreneurial spirit of native companions. This collaboration not solely facilitates our speedy enlargement into various Indian markets but in addition empowers native enterprise homeowners to thrive as ambassadors of our model. We stay up for this thrilling chapter in our firm’s journey and the prospect of changing into synonymous with luxurious, exclusivity, and a dedication to unparalleled buyer satisfaction.”

About Cellecor Devices Ltd.: Cellecor Devices journey in electronics gadget enterprise, and promoting merchandise in its personal model, together with cellular characteristic telephones, smartwatches, TWS (True Wi-fi Stereo) earbuds, neckbands, and LED TVs -outsources from varied digital assemblers and producers, began in 2012 as M/s Unity Communications-its founder Mr. Ravi Agarwal’s proprietorship firm.

The corporate is promoted and managed with a permanent sustainable enterprise technique, whereby the corporate is aiming to synergetic amalgamate enterprise potential embedded within the ever-growing demand of digital merchandise with fashionable enterprise strategy of sourcing, producing, and advertising with an goal to supply high quality merchandise at affordable worth.

At the moment, Cellecor Devices Ltd is a number one identify within the client electronics business, identified for its progressive and cutting-edge know-how. With a dedication to creating happiness affordable, Cellecor offers a various vary of merchandise, together with cellphones, good TVs, audio system, neckbands, TWS, soundbars, smartwatches, Washing Machines, and many extra.

The securities of the Firm are listed on the NSE EMERGE (SME Platform of Nationwide Inventory Alternate of India Restricted) with Scrip Code: CELLECOR For Additional data please contact

You might please go to https://cellecor.com/

Ms. Bindu Gupta Chief Finance Officer

finance.head@cellecor.in

Disclaimer: Sure statements and phrases on this doc that aren’t historic information are forward- trying statements. Such ahead trying statements are topic to sure dangers and uncertainties like authorities actions, native, political or financial developments, technological dangers and many different elements that might trigger precise end result to differ materially from these contemplated by these forward- trying statements. Cellecor Devices Restricted shall not be in any manner answerable for any motion taken primarily based on such a press release.

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