Cashify Raises $90 Million in Series E 

by Kay Aloha Villamor in June 24th, 2022

Cashify, a Gurgaon, India -based E-commerce marketplace, raised $90 million in its Series E funding.

The round was led by NewQuest Capital Partners and Prosus. Existing investors who participated include Bessemer, Blume Ventures, Olympus Capital, and Paramark Ventures. 

The latest investment will be utilized for hiring, building technology infrastructure, marketing, and expanding into new markets.

Company: Manak Waste Management Private Limited

Raised: $90.0 M

Round: Series E 

Funding Month: June 2022

Lead Investors: NewQuest Capital Partners and Prosus.

Additional Investors: Bessemer, Blume Ventures, Olympus Capital, and Paramark Ventures. 

Company Website: https://www.cashify.in/privacy-policy

Software Category: End-to-End Smartphone Solution

About the Company: Founded in 2013, Cashify is India’s first and largest end-to-end smartphone solution provider. Cashify makes selling old or used electronic gadgets like laptops, mobile phones, and tablets quick & hassle-free. Cashify also provides after-sale services like repair and buyback at users’ doorsteps. Cashify also specializes in running Exchange/Buy-Back/Trade-In programs and drives the same for the biggest e-commerce players and OEMs in India.

 


Source: https://www.peoplematters.in/news/funding-investment/cashify-raises-90-million-in-series-e-funding-round-34366



Cashify, a Gurgaon, India -based E-commerce marketplace, raised $90 million in its Series E funding.

The round was led by NewQuest Capital Partners and Prosus. Existing investors who participated include Bessemer, Blume Ventures, Olympus Capital, and Paramark Ventures. 

The latest investment will be utilized for hiring, building technology infrastructure, marketing, and expanding into new markets.

Company: Manak Waste Management Private Limited

Raised: $90.0 M

Round: Series E 

Funding Month: June 2022

Lead Investors: NewQuest Capital Partners and Prosus.

Additional Investors: Bessemer, Blume Ventures, Olympus Capital, and Paramark Ventures. 

Company Website: https://www.cashify.in/privacy-policy

Software Category: End-to-End Smartphone Solution

About the Company: Founded in 2013, Cashify is India’s first and largest end-to-end smartphone solution provider. Cashify makes selling old or used electronic gadgets like laptops, mobile phones, and tablets quick & hassle-free. Cashify also provides after-sale services like repair and buyback at users’ doorsteps. Cashify also specializes in running Exchange/Buy-Back/Trade-In programs and drives the same for the biggest e-commerce players and OEMs in India.

 


Source: https://www.peoplematters.in/news/funding-investment/cashify-raises-90-million-in-series-e-funding-round-34366




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