Cashify net worth

Online marketplace offering pre-used gadgets and accessories. Most viewed in You are being shown a subset of the data for this profile. Copy Url.

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Such launches of the latest gadgets that are blazing-fast and involve the most desirable of features always replace all the other previous models and come out imposingly strong! The above example of the launch of the latest iPhone 11 will certainly make the iPhone lovers run here and there from shop to shop just to buy the latest model. They won't ever think about what to do with the iPhone X that is lying back in their homes. It might be any other model or gadgets as well, of any other companies. Here, Cashify can rightly be the solution.

Cashify net worth

Sales of used mobile phones and other electronic gadgets like speakers, laptops, tablets, gaming consoles, and smartwatches formed Rest of the operating revenue came from ancillary services such as phone recycling, refurbishing, and repairing which surged The company currently has stores with plans to expand that number to by March. When it comes to expenses, the cost of material consumed accounted for This cost grew Employee benefit expenses became the second major cost which constituted around During FY22, the company hired more resources and its cost on salaries and other benefits surged By March , Cashify also plans to hire close to people for its stores. This will further increase the expenses in FY To keep up with growth, the Gurugram-based company splurged heavily on marketing and ran campaigns across television and digital channels. Its advertising and promotional expenses ballooned 5. On a unit level, Cashify spent Rs 1.

It might be any other model or gadgets as well, of any cashify net worth companies. The company is aiming toward recycling mobiles. Last year, the company announced plans to expand to over cities in India and increase its store count to

Cashify formerly known as ReGlobe is a recommerce company with headquarters in Gurgaon , India. It was founded in It operates as an online marketplace where users can sell their used electronic gadgets like mobile phones, tablets, smartwatches, laptops and video game consoles to professional buyers. It also deals in refurbished devices. In October , the company partnered with Snapdeal to buy back mobiles, tablets and laptops.

Online marketplace offering pre-used gadgets and accessories. You are being shown a subset of the data for this profile. Copy Url. Cashify company profile soonicorn. Last updated: March 10, Claim Profile Suggest Edits Request page removal. Cashify Key Metrics Founded Year Location Gurgaon, India. Company Stage Series E. Employee Count 1, as on Nov 30, View historical trend.

Cashify net worth

Cashify board has approved the allotment of 15, preference shares for an issue price of Rs , Cashify lets customers sell and buy old electronic gadgets mostly mobile phones and laptops. Apart from buying directly from users, the company works with several offline and online channels and OEMs such as Xiaomi, OnePlus and Samsung for their exchange programs.

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Vivo India has unveiled the "Vivo Xchange" program, a brand-new trade-in opportunity that allows customers to trade in their outdated smartphones for a new Vivo model at shop. Please introduce links to this page from related articles ; try the Find link tool for suggestions. It's an Indian online re-commerce platform. NDTV Gadgets Claim Now. Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Kunal Manchanada March 12, Nakul Kumar , Co-Founder, is a founder of 2 companies and on the board of 1 company. Gurgaon , India. According to the company, around , transactions take place a month. Infosys share price.

Paramark Ventures and existing backers including Bessemer Venture Partners, Blume Ventures and Olympus Capital also participated in the new round, which included some secondary transactions. IndigoEdge served as the financial advisor for this deal.

More Stories on. Filling a vital need in a large market like India, one feels the firm has missed a trick by not stressing on its reuse and recycle theme as a sustainability focused firm. BrightClass leverages AI, other tech to modernize educational system. Silver Rate Today. Who are the top competitors of Cashify? Last year, the company announced plans to expand to over cities in India and increase its store count to Stock market today live. When was the latest funding round of Cashify? The company paid a lot of attention to the e-waste problem, and it's still doing so with every new mobile phone sold and shipped. The platform for trading in and buying back smartphones Referred to as the "upgrade bonus," Cashify will purchase back the old phone and accept it for a higher amount than they otherwise would have. Top Losers.