Cashify

Highly Engaged Employees

Cashify is a prominent Indian e-commerce platform specializing in the resale of used electronic gadgets, including mobile phones and accessories, alongside repair services. Founded in 2009, the company has established itself as a pioneer in the circular economy for electronics. Its core business model focuses on providing a convenient and reliable channel for consumers to sell their pre-owned devices, thereby promoting sustainability and reducing electronic waste. The platform caters to a broad market, offering services for smartphones and other gadgets.

Operating with a significant scale, Cashify manages a workforce of 500-1,000 employees across 36 locations. This extensive operational footprint enables the company to efficiently handle device procurement, refurbishment, and resale processes. The team's expertise is crucial for maintaining the quality of service and customer satisfaction. For insights into the people driving this operation, you can Meet Cashify's team. The company's commitment to expanding its reach and services underscores its growth trajectory in the consumer electronics resale market.

Financially, Cashify reported a revenue of $84.7M. The company has also secured substantial funding, including a $15 million round in March 2021 and a significant Series E round in June 2022, with investors like Prosus and Bessemer Venture Partners. This financial backing supports its expansion and operational enhancements. Interested parties can Explore financial highlights for a deeper dive into its fiscal performance and investment history. Cashify's strategic positioning in the B2B and B2C markets, coupled with its focus on mobile e-commerce and device repair, solidifies its market presence.