Startup Atlas · E-commerce

Cashify Soonicorn

New Delhi, Delhi Founded 2013 cashify.in ↗

Recommerce marketplace for buying, selling, and repairing used and refurbished consumer electronics (smartphones, laptops, tablets) in India, with 200+ retail stores across 70+ cities and buyback partnerships with OEMs including Apple, Amazon, Samsung and OnePlus. Originally founded in 2009 as ReGlobe, a waste-reduction consulting company; rebranded as Cashify in 2013. Press coverage variously describes it as Gurugram-based or New Delhi-headquartered…

Mandeep Manocha · Co-Founder, CEO Amit Sethi · Co-Founder Nakul Kumar · Co-Founder, Chief Marketing Officer Siddhant Dhingra · Co-Founder, Chief Business Officer, Global Markets
$125.57 MnTotal funding (tracked)
7Funding rounds
23 Aug 2022Last round

Cashify: Funding Rounds

Date Round Amount Investors Source
23 Aug 2022 Series E $6.57 Mn Amazon Blume Ventures source
23 Jun 2022 Series E $90 Mn NewQuest Capital Partners Prosus Bessemer Venture Partners Blume Ventures Olympus Capital Asia Paramark Ventures source
3 Mar 2021 Series D $15 Mn Olympus Capital Asia source
28 Jun 2018 Series C $12 Mn CDH Investments Morningside Aihuishou Bessemer Venture Partners Shunwei Capital source
12 Feb 2018 Debt $1 Mn Trifecta Capital source
1 Jul 2017 Series A Undisclosed Shunwei Capital Bessemer Venture Partners Blume Ventures source
1 Apr 2015 Seed $1 Mn Bessemer Venture Partners Blume Ventures source

Acquisitions

DateAcquirerAcquiredAmountSource
27 Jul 2021 Cashify UniShop Undisclosed source
5 Jan 2019 Cashify Teksolvr Undisclosed source
19 Jul 2016 Cashify MobiBing Undisclosed source

Recent Signals

  • 25 Mar 2026 · financial
    Cashify appoints ICICI Securities, JM Financial and Nomura as bankers for planned IPO source

News on Cashify

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FAQs on Cashify

Who founded Cashify?

Cashify was founded by Mandeep Manocha, Amit Sethi, Nakul Kumar, Siddhant Dhingra in 2013.

How much funding has Cashify raised?

Cashify has raised $125.57 Mn across 7 tracked funding round(s), most recently on 2022-08-23. Figures are compiled from cited public sources.

Who are the investors in Cashify?

Investors in Cashify include Amazon, Blume Ventures, NewQuest Capital Partners, Prosus, Bessemer Venture Partners, Olympus Capital Asia, Paramark Ventures.

What does Cashify do?

Recommerce marketplace for buying, selling, and repairing used and refurbished consumer electronics (smartphones, laptops, tablets) in India, with 200+ retail stores across 70+ cities and buyback partnerships with OEMs including Apple, Amazon, Samsung and OnePlus. Originally founded in 2009 as ReGlobe, a waste-reduction consulting company;…

Where is Cashify headquartered?

Cashify is headquartered in New Delhi, Delhi, India.

What is Cashify's business model?

Cashify's core value proposition centers on Best price, doorstep pickup, instant payment for old devices, Refurbished devices at near-half price with warranty, Fast doorstep gadget repair, Circular-economy / sustainability positioning.

How does Cashify make money?

Cashify's cited revenue streams include Sale of used/refurbished electronics, Doorstep device repair services, Enterprise SaaS / B2B device buyback.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com www.cashify.in yourstory.com · Last verified 5 Sep 2026. · Report a correction