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Grest gets Japan’s ICMG FDI betting big on India’s refurbished electronics boom
Business
Published on 24 April 2026
Japan’s early investment signals wider global re-commerce rush
Refurbished electronics firm Grest has secured strategic early-stage FDI from Japan’s ICMG, marking a notable cross-border vote of confidence for India’s recommerce market. The move lands as global investors and consumers increasingly look to refurbished devices, with industry forecasts pointing to strong growth for used smartphones.
- Grest raises strategic early-stage funds from Japan’s ICMG
- The investment boosts confidence in India’s recommerce electronics market
- Rising global demand is pulling attention toward refurbished smartphones
- Industry projections suggest continued momentum for used electronics
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times