Cashify funding, investors and company details

Cashify is an emerging E-Commerce startup from Gurugram, working in the space of Cashify operates in the re-commerce and consumer electronics resale industry.. Founded by Mandeep Manocha, Nakul Kumar, Amit Sethi, Siddhant Dhingra, Nakul Kumar.

Company: MANAK WASTE MANAGEMENT PRIVATE LIMITED
Sector: E-Commerce
Location: Gurugram
Founders: Mandeep Manocha, Nakul Kumar, Amit Sethi, Siddhant Dhingra, Nakul Kumar
Total funding raised: ₹710.55 Cr

Company overview

Cashify is India's leading re-commerce platform for electronics, founded in 2013 by Mandeep Manocha and Amit Sethi, headquartered in Gurgaon with 1,149 employees and ₹1,045 Cr raised in funding. Cashify aims to provide a seamless, transparent platform for selling old electronics at best prices, recycling/refurbishing to minimize waste, and making affordable certified refurbished gadgets accessible—simplifying device upgrades while ensuring secure data handling and fair value.Cashify enables users to sell old gadgets like smartphones, laptops, and accessories via app/website with instant quotes, doorstep pickups, data wiping, and instant payments, while selling refurbished devices at discounts through 103+ offline stores, D2C, and OEM partnerships (Xiaomi, OnePlus, Samsung). It processes bulk B2B exchanges for corporates/universities and offers repairs/accessories, promoting e-waste reduction.

Funding rounds

Latest round (Series E): $ 90.00 Mn (₹710.55 Cr.), 2022-06-23. Investors: NewQuest Capital Partners, Prosus Ventures