Cashify

Cashify, formerly known as ReGlobe, is India’s first and largest end-to-end smartphone solution provider.

Cashify operates an eponymous platform — both online and physical stores and kiosks — for users to sell and buy used smartphones, tablets, smartwatches, laptops, desktops and gaming consoles.

Cashify was founded in 2009 by Mandeep Manocha, Nakul Kumar, Amit Sethi, and Siddhant Dhingra. The company is headquartered in Gurgaon, with presence in UAE, Turkey and Bangladesh.

 

Cashify operates an eponymous platform — both online and physical stores and kiosks — for users to sell and buy used smartphones, tablets, laptops and other gadgets. Users sell to and buy devices from the startup by visiting the startup’s website or app.

 

Cashify also works with all top smartphone makers including Apple, Samsung, Xiaomi and Samsung to power their refurbishing programs. The startup repairs and refurbishes those devices, giving them new lives without which they may have likely ended up in the garbage bin.

 

Cashify's enterprise business includes offerings such as a diagnostic tool to evaluate a smartphone’s functional and physical aspects.

 

Cashify is backed by Bessemer Venture Partners, Morningside Group, Prosus Ventures, Blume Ventures, CDH Investments, NewQuest Capital Partners, Olympus Capital Asia, Environmental Partners, and others. The company raised $90M in Series E round on Jun 22, 2022. This brings Cashify's total funding to $132M to date. The latest round valued the company at a $250M post-money.

 

 

  • Year founded: 2009
  • Funding Info: $132M over 5 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: Rs 340 Crore (2021)
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $250M as of Jun 22, 2022
  • City/Town: Gurgaon
  • State: Haryana
  • Country: India
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