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Manak Waste Management

Indian Recommerce Startup Nets $90m in Series E Money

Private Capital Markets
206 Views, 23 Jun 2022 13:27
EXECUTIVE SUMMARY
  • Cashify, an India-based recommerce marketplace, has closed a US$90 million series E round, which saw participation from NewQuest Capital Partners, Prosus, and Paramark Ventures.
  • The new funds will be used to further develop Cashify’s team, marketing efforts, technology infrastructure, and market expansion.
  • Founded in 2013 by Mandeep Manocha, Siddhant Dhingra, Nakul Kumar, and Amit Sethi, Cashify provides aftersale services such as repairs and buybacks to extend the lifespan of gadgets
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