Cerebra partners with Orix to push DaaS (Device as a Service)

The company has been entrusted to create awareness amongst consumers for bringing back old end-of-life products for recycling.

Jul 13, 2021 11:07 IST India Infoline News Service

Cerebra Integrated Technologies Limited has partnered with Orix Leasing & Financial Services India Limited to push DaaS (Device as a Service) sales to the next level.

Orix Leasing & Financial Services Ltd offers IT infrastructure equipment Leasing solutions to Corporates who can conserve capital and offer an easy upgrades of their equipment.

Cerebra refers to customers, who wish to avail of finance or leasing options for the purchase of technology equipment, software and solutions to ORIX.

The company said in a filing on Tuesday that Cerebra already is into refurbishing large quantities and are now looking at leveraging our hardware presence by entering into providing DAAS (expand) for large and medium Corporates. Cerebra has the capability and is licensed to take back old machines refurbish them and sell the same through its stores i.e. Cerebra Experience Centre’s (CEC’s) and has the capability of providing new branded computers like Dell, Lenovo, Acer etc. Now with this partnership with ORIX we will be completing the entire cycle.

Cerebra manages and operates the Producer's Responsibility Organization and offers IT and Electronic Equipment OEM's a sustainable, reliable and efficient option to comply with their Extended Producer Responsibility (EPR). Cerebra is currently working with Consumer Electronic OEM's to fulfill the EPR commitments. It has set up its collection network across India to enable the collection of consumer electrical & electronics E-waste directly from the end user, repair centres, retailers. Cerebra supports producers by providing state-of-the-art services, assuring consistency and legal compliance.

The company has been entrusted to create awareness amongst consumers for bringing back old end of life products for recycling, collect all end of life ORIX products back from the consumer to recycle at the Company’s recycling plant at Narasapura, Kolar District near Bangalore.

At around 11.19 am, Cerebra Integrated Technologies Ltd iwas trading at Rs55.60 per piece down by Rs0.35 or 0.63% from its previous closing of Rs55.95 per piece on the BSE.

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