• Guest Post   |
  • Submit App Review   |
  • Submit PR   |
  • Advertise   |
  • Contact Us
  • Login
No Result
View All Result
Submit App Review
Mobile App Development | Design | Marketing Magazine: Appedus
Subscribe
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    increase-your-app installs organically

    5 Best Tips to Increase App Installs Organically.

    15 best apps-for-users

    know 15 Best Apps with Awesome User Onboarding Experiences

    How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

    How to Create a Mobile App Marketing Strategy That Works

    How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

    How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

    Trending Tags

      • App Store Optimisation
      • App User Engagement
      • App Push Notifications
      • App Onboarding
      • App Analytics
    • App Design
    • App Reviews
      • All
      • Books & Reference
      • Business
      • Dating
      • Education
      • Finance
      • Fitness
      • Food & Drink
      • Health
      • iOS apps
      • Lifestyle
      • Medical
      • Mobile Games
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
      • Utilities
      • Video Editing
      chessvision-ai-app-review

      Chessvision.ai: A Comprehensive App Review

      Top 5 Online Pharmacy Apps in United Kingdom

      Top 5 Online Pharmacy Apps in United Kingdom

      Advanced Uninstall Manager app

      Advanced Uninstall Manager App Review 2023 | Remove Unnecessary Applications

      best-5 Free Hiking and Trail Apps

      Top 5 Free Hiking and Trail Apps

      Top invoice makers

      Top 5 Best Free Invoice Makers for Freelancers and Businesses

      Top-10-Wearable-App Development-Company

      Top 10 Wearable App Development Companies

      Cryptocurrency Apps

      Top 10 Cryptocurrency Apps in the USA

      Trailforks App Review: Best App for Mountain Bike, Hiking, Moto, Horseback & Ski Trail Maps

      Trailforks App Review: Best App for Mountain Bike, Hiking, Moto, Horseback & Ski Trail Maps

      top-10-trading apps-in-canada

      Top 10 Trading Apps In Canada

      Trending Tags

      • Travel
      • fitness
      • Video Editing app
      • Utilities
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
    • App Events
    • Exclusive
    • Home
    • App Development
    • App Marketing
      • All
      • App Onboarding
      • App Store Optimisation
      • App User Engagement
      • Push Notifications
      increase-your-app installs organically

      5 Best Tips to Increase App Installs Organically.

      15 best apps-for-users

      know 15 Best Apps with Awesome User Onboarding Experiences

      How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

      How to Create a Mobile App Marketing Strategy That Works

      How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

      How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

      Trending Tags

        • App Store Optimisation
        • App User Engagement
        • App Push Notifications
        • App Onboarding
        • App Analytics
      • App Design
      • App Reviews
        • All
        • Books & Reference
        • Business
        • Dating
        • Education
        • Finance
        • Fitness
        • Food & Drink
        • Health
        • iOS apps
        • Lifestyle
        • Medical
        • Mobile Games
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
        • Utilities
        • Video Editing
        chessvision-ai-app-review

        Chessvision.ai: A Comprehensive App Review

        Top 5 Online Pharmacy Apps in United Kingdom

        Top 5 Online Pharmacy Apps in United Kingdom

        Advanced Uninstall Manager app

        Advanced Uninstall Manager App Review 2023 | Remove Unnecessary Applications

        best-5 Free Hiking and Trail Apps

        Top 5 Free Hiking and Trail Apps

        Top invoice makers

        Top 5 Best Free Invoice Makers for Freelancers and Businesses

        Top-10-Wearable-App Development-Company

        Top 10 Wearable App Development Companies

        Cryptocurrency Apps

        Top 10 Cryptocurrency Apps in the USA

        Trailforks App Review: Best App for Mountain Bike, Hiking, Moto, Horseback & Ski Trail Maps

        Trailforks App Review: Best App for Mountain Bike, Hiking, Moto, Horseback & Ski Trail Maps

        top-10-trading apps-in-canada

        Top 10 Trading Apps In Canada

        Trending Tags

        • Travel
        • fitness
        • Video Editing app
        • Utilities
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
      • App Events
      • Exclusive
      No Result
      View All Result
      Mobile App Development | Design | Marketing Magazine: Appedus
      No Result
      View All Result
      Home Featured

      Cashify raises $15 million for second-hand smartphone

      by Editorial
      March 5, 2021
      in Featured, Funding, News-Curated
      Reading Time: 2 mins read
      0
      Cashify raises $15 million

      Cashify raises $15 million for its second-hand smartphone business in India

      Share on FacebookShare on Twitter

      Table of Contents

      • Cashify Raises $15 Million For its second-hand business
      • Original Equipment Manufacturers (OEMs) in the country
      • Cashify raises $15 million in a new financing round.
      • New York-based Olympus Capital Asia made the investment through Asia Environmental Partners.
      • Cashify operates an eponymous platform.
      • The startup also works with top e-commerce firms in India — Amazon, Flipkart, and Paytm Mall.

      Cashify, formerly ReGlobe, is a registered trademark of Manak Waste Management Pvt Ltd. Online reseller Cashify on Thursday said it had raised $15 million in a new financing round. The investment was made by New York-based Olympus Capital Asia’s clean energy and sustainability platform, Asia Environmental Partners (AEP).

      Cashify said that the funding would help accelerate its investment in the electronics reuse and recycling sector. The company also aims to work with OEMs to help reduce their carbon footprint. Launched in 2015, Cashify has been founded by Mandeep Manocha, Nakul Kumar, and Amit Sethi. The platform is essentially a re-commerce marketplace that allows users to sell their old or used electronic gadgets such as smartphones, laptops, tablets, desktops, and gaming consoles. 

      The company says it has more than 2 million customers and over 1,500 serviceable cities. It is also a buyback partner for brands such as Vivo, Oppo, Samsung, Dell, HP, Xiaomi, and Apple in India.

      Cashify Raises $15 Million For its second-hand business

      Cashify has in a Series D funding round raised $15 million from private equity Olympus Capital’s clean energy and sustainability arm, Asia Environmental Partners. Including this, the online reseller has raised a total of $40 million so far. The Gurugram-based startup last raised funds in 2018 from Chinese funds—CDH Investments, Morningside, and Aihuishou.

      Cashify, a re-commerce marketplace that sells and buys used smartphones and other electronic gadgets, has raised $15 million from Olympus Capital Asia. Olympus Capital will make the investment through Asia Environmental Partners (AEP), its clean energy and sustainability platform

      Original Equipment Manufacturers (OEMs) in the country

      The company is a trading partner for all major original equipment manufacturers (OEMs) in the country. It powers the exchange program of Samsung Electronics, Vivo and OnePlus, etc. According to Manocha, it acts as the largest liquidation partner for e-commerce platforms Flipkart and Amazon’s device exchange programs. Founded in 2013, the company has 800 employees. The reselling platform plans to add cameras to its product offerings this month. However, it will steer away from white goods such as televisions and refrigerators and will continue to focus on mobility-driven categories.

      The startup plans to deploy part of the fresh capital to expand its presence in the offline market. Manocha said Cashify currently has dozens of offline stores and kiosks at shopping malls across the country and it has already proven immensely effective in brand awareness among customers. The startup also plans to expand outside of India, hire more talent and invest more in getting the word out about its offerings. Manocha said the team is also working on expanding its expertise to more hardware categories such as cameras.

      mm

      Editorial

      We are a digital magazine focused on the mobile app ecosystem aggregating, writing and publishing the best of the tech news in the mobile app ecosystem. Our constant endeavor is to get the most actionable news for you to use.

      Next Post
      Mary Meeker’s Bond closes on $2 billion Fund

      Mary Meeker’s Bond closes on $2 billion Fund

      Weekly Newsletter

      Top Apps This Week

      chessvision-ai-app-review
      Featured

      Chessvision.ai: A Comprehensive App Review

      by Editorial
      November 30, 2023

      ChessVision.ai: A Comprehensive App Review As a chess enthusiast, I've...

      Read more
      Top 5 Online Pharmacy Apps in United Kingdom

      Top 5 Online Pharmacy Apps in United Kingdom

      November 30, 2023
      Advanced Uninstall Manager app

      Advanced Uninstall Manager App Review 2023 | Remove Unnecessary Applications

      November 29, 2023
      Load More

      About Us

      mobile app technology magazine

      Appedus is a mobile app ecosystem focused news publishing platform which covers various topics like app design, app development, app marketing and other relevant news, views or opinions. We also publish industry insights, e-books, developer interviews and e-magazines. You can get in touch with us on hola@appedus.com or you can snail mail us at

      Medianiti Ltd. Brooklands Business Park, Wellington Way, Weybridge KT13 0TT, United Kingdom

      Latest Articles & News

      Mobile Game Engines and Development Platforms for Beginners and Experts

      Top 10 Mobile Game Engines and Development Platforms for Beginners and Experts

      November 30, 2023

      Important Links

      • Guest Post
      • Submit App Review
      • Submit PR
      • Mobile App Marketing
      • Mobile App Reviews | Top Android & iOS app reviews
      • Top Apps
      • Curated News
      • Advertise
      • Contact Us

      Subscribe

      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Contact Us
      • Donation Confirmation
      • Donation Confirmation
      • Donation Failed
      • Donation Failed
      • Donor Dashboard
      • Donor Dashboard
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Payment Confirmation
      • Payment Failed
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post

      © 2023 Appedus - Appedus All Right Reserved

      No Result
      View All Result
      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Contact Us
      • Donation Confirmation
      • Donation Confirmation
      • Donation Failed
      • Donation Failed
      • Donor Dashboard
      • Donor Dashboard
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Payment Confirmation
      • Payment Failed
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post

      © 2023 Appedus - Appedus All Right Reserved

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Go to mobile version