LivLit redefines the electronics marketplace: a subscription service yhat makes work easier. LivLyt funded by HUB71.

4 mn read

LivLyt

In a world where technology is advancing at lightning speed, keeping up with the latest gadgets can be quite the challenge. But what if we told you that you could have the hottest smartphones, laptops, tablets, and more, without the burden of ownership? Welcome to the future of tech consumption with LivLyt, a game-changer in the MENA region’s technology landscape.

LivLyt brings the sharing economy to consumer electronics and high-tech devices through its innovative digital subscription platform. This article explores how LivLyt is transforming the way we experience technology, offering an enticing glimpse into a world where access trumps ownership.

The MENA Tech Revolution

The Middle East and North Africa (MENA) region is no stranger to innovation, and LivLyt is at the forefront of this revolution. Established with a vision to revolutionize the tech landscape, LivLyt is making high-tech devices accessible to both businesses (B2B) and consumers (B2C) on a monthly subscription basis. In essence, they’re turning the conventional model of owning your gadgets on its head, and it’s nothing short of extraordinary.

LivLyt’s Unique Business Model

LivLyt’s business model is built on the Circular Economy concept of Subscription>Use>Circulation. Here’s how it works:

  1. Subscription: Customers subscribe to LivLyt’s service, choosing from a range of high-tech devices, such as smartphones, laptops, tablets, and smartwatches.
  2. Use: They get to use these devices without the burdens of ownership. No hefty upfront costs, no concerns about depreciation, and no stress about selling old gadgets.
  3. Circulation: Once customers are done with their device, it doesn’t end up collecting dust in a drawer. LivLyt takes it back, refurbishes, and then makes it available for the next customer. This ensures a sustainable and environmentally friendly approach to tech consumption.

Partnering for Success

One of the key reasons behind LivLyt’s success is its strategic partnership with Hub71. Hub71 is a tech ecosystem in Abu Dhabi, offering a launchpad for tech startups. Through this partnership, LivLyt extends its support to startups in the region, providing financial and technical assistance. This synergy between LivLyt and Hub71 empowers startups to scale, innovate, and make a real impact on the tech scene in the MENA region.

Funding for the Future

LivLyt’s commitment to reshaping the technology landscape has not gone unnoticed. The company has raised a total of $500,000 in funding through two successful rounds. The most recent round of funding, which took place on June 22, 2023, underlines the investor confidence in LivLyt’s vision and potential.

Why LivLyt Matters

  1. Stay Ahead of the Tech Curve: LivLyt ensures you’re never left behind in the rapidly evolving tech world. With their monthly subscription service, you’re always up to date with the latest gadgets.
  2. Environmental Responsibility: The Circular Economy model adopted by LivLyt is environmentally responsible. By refurbishing and recirculating devices, they reduce electronic waste and contribute to a greener world.
  3. Startup Support: LivLyt is not just about offering great tech to consumers; it’s also a boon for startups. With its partnership with Hub71, it’s fostering innovation and growth in the MENA region.
  4. Financial Flexibility: Traditional ownership of high-tech devices often comes with hefty upfront costs. With LivLyt, you can access these devices without breaking the bank.
  5. Convenience: No more hassles of selling old devices, dealing with depreciation, or worrying about warranty issues. LivLyt handles it all, making your tech experience hassle-free.
  6. Cutting-Edge Quality: LivLyt ensures the devices you get are top-notch. You won’t have to compromise on quality or features.

Conclusion

In a world where change is the only constant, LivLyt’s innovative tech subscription service is a breath of fresh air. It’s an idea that’s not only forward-thinking but also responsible and inclusive. LivLyt is democratizing technology, ensuring that everyone, from startups to consumers, has the opportunity to access and benefit from the latest high-tech devices. The partnership with Hub71 and the recent funding success only further highlight LivLyt’s commitment to reshaping the tech landscape in the MENA region.

So, are you ready to embrace a tech future that’s convenient, environmentally conscious, and exciting? Join LivLyt today and be a part of the technology revolution in the MENA region.

Don’t wait; let LivLyt enhance your tech life. Subscribe now!

HUB71

hub71

HUB71 is a global technology ecosystem designed to help startups in the UAE succeed. Based in Abu Dhabi, the initiative provides a range of services to help entrepreneurs launch and expand their businesses, including access to global markets, capital ecosystems, a global network of partners, and an active community of highly skilled professionals.

An innovation center is a physical space, typically located within a business or organization, that is dedicated to fostering creativity and innovation. It is designed to provide an environment that encourages collaboration, experimentation, and the development of new ideas. Innovation centers often feature open workspaces, meeting rooms, and other amenities that are conducive to creative thinking. They may also host events such as hackathons and workshops to further promote innovations.

By providing access to resources and connections that are difficult for new companies to obtain on their own, HUB71 allows startups to expand their reach and become internationally competitive. The ecosystem gives entrepreneurs access to the latest technology and ideas from around the world, allowing them to develop innovative products or services that can be marketed globally.

author avatar
Vitalii Minka
I have a strong commitment to goals and deadlines, and I have set high standards for myself, a highly motivated individual with a passion for economics and finance. I have a strong work ethic and am committed to meeting goals and deadlines. In addition, I stay up-to-date on the stock market by regularly reading news from the stock market. I also use self-study methods such as Coursera and Netology to stay ahead of current trends in economics and finance. -I consider the most interesting tasks, where initially there is no clear plan of "correct" actions Undergraduate diploma theme: "Estimation of agrolandscape condition using remote sensing tools" (Winter barley yield forecasting using space images) Scientific publications: - Minka V.S. Babenko I.V. Kopyl Problems and prospects of asset securitization in the Krasnodar Territory // Forum of young scientists. №4 (22). 2018 - Minka V.S. Babenko I.V. The study of citizens' awareness of the securities market // Forum of young scientists. №4 (20). 2018 - Minka V.S. Ryndina I.V. Securities as a tool of monetary regulation // Economics and socium. №26 (37). 2017 - Minka V.S. Babenko I.V. Methodology of bank investment in the securities market // Forum of young scientists. №6 (22). 2018. Since 2015 I am engaged in online sales through the Internet site Avito, more than 150 completed transactions, at the moment I have 52 reviews (5 stars). Hobbies: Numismatics and antiquities Hobbies: I am involved in athletics, taking part in competitions.

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