C
Cashify
India’s first and largest end-to-end smartphone solution provider
About Cashify
Cashify.in is an online platform that operates in the refurbished electronics market, specifically focusing on smartphones. The company provides a platform for customers to sell their old devices and buy refurbished ones. The business model is simple and effective: users can sell their old devices directly to Cashify, which then refurbishes these devices and sells them to other customers. This model allows Cashify to generate revenue from both buying and selling devices.
The company serves a wide range of clients, from individual consumers looking to upgrade their devices to businesses seeking cost-effective technology solutions. It also caters to tech enthusiasts who want to stay updated with the latest devices without breaking the bank. The refurbished market that Cashify operates in is growing rapidly, driven by increasing consumer awareness about the value and quality of refurbished devices.
Cashify also offers additional services such as instant cash at the doorstep once the pickup of the old device is complete, providing a seamless and convenient experience for its customers. The company's website also features a blog with tech-related content, further engaging its tech-savvy customer base.
In summary, Cashify.in is a platform that facilitates the buying and selling of refurbished smartphones, providing a cost-effective solution for consumers and businesses alike while also contributing to electronic waste reduction.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- Gurugram, India
- Employees
- 2,221
- Open positions
- None listed
- Dealroom signal
- 93.1/100
- Industry
- Consumer Electronics
- Sector
- eCommerce & Marketplaces, Sustainable Development Goals, Climate Tech, Circular Economy, Hard Tech
- Business model
- Manufacturing, Marketplace & ecommerce
- Client focus
- b2b, b2c
- Investment activity
- 1 company, latest Jul 2021
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Nov 2023 | $98M | $392M | Prosus · Amazon · NewQuest Capital Partners | ↗ |
| SERIES EOther financing | Aug 2022 | $4.9M | $250M | Amazon · Blume Ventures | ↗ |
Growth signals
Latest recorded traffic for Cashify is 15M monthly website visits, up 7.1% over the last three months. Cashify's team grew 13% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Series A1 investor entered at this stage
M&S Partners
Series B and later13 investors entered at this stage
Trifecta Capital Advisors
CDH Investments
Morningside
Shunwei Capital
Aihuishou
Trifecta Capital- OAOlympus Capital Holdings Asia
NewQuest Capital Partners
Prosus Ventures
Paramark Ventures- AHAEP Holdings
Amazon
- Prosus
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Cashify on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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