India’s leading recommerce platform, Cashify has raised USD 15 million in a recent round of funding. The Series D funding was secured from Olympus Capital through their clean energy and sustainability platform, Asia Environmental Partners (AEP. A pioneer in the circular economy, Cashify has the idea of reuse and recycle at its core. Be it the buyback business which enables smartphone users to sell their old phones instantly or the refurbished gadgets segment which makes various categories of renewed and refurbished laptops and smartphones available to customers.
Starting 2021 with this amazing announcement, we at Cashify look forward to the upcoming time when we will have scaled our organization more. Cashify services, which are mostly available online, will go into full-fledged offline presence as well. With over 60 offline stores, we have already witnessed how crucial it is to offer customers the brick and mortar experience when it comes to smartphones and mobile accessories. Besides, our other services like buyback and mobile repair are also carried out at our stores across the country.
With more expansion in the pipeline, we plan at offering bigger and better services to our users in the future. You can read more about this update on this story by The Statesman.
Narender Kumar
Always on the quest to learn and share the knowledge. Big fan of books (but not the self help ones) specially fiction. A grammar Nazi who loves to eat, cook, travel and watching thunderstorms.