Cashify has introduced the new e-commerce platform that it’ll soon launch in India. The new online portal will provide refurbished gadgets where smartphones might be the critical consciousness section. Still, the organization will later introduce other categories like refurbished tablets, laptops, and gaming consoles.
Cashify has completed six years within the Re-commerce industry. The logo is ready to take every other jump, with the release of its E-commerce platform to sell refurbished devices in India. The company has introduced the upcoming launch of its accent brand and might be selling a range of accessories via its e-commerce platform and offline kiosks beginning in June 2019. The listing of refurbished smartphones manufacturers includes Xiaomi, Apple, OnePlus, Vivo, Oppo, Samsung, and Huawei, with a 6-month warranty.
While Cashify is already working on a distributor and retailer network in India and has been selling refurbished smartphones across the offline section of the marketplace, that will be the emblem’s massive venture into the second one-hand telephone market. Cashify has installed operation facilities throughout five cities (Gurgaon, Mumbai, Chennai, Hyderabad, and Bengaluru) in India. All the refurbished devices may be very well examined right here and licensed with a 6-month put-up-buy assurance.
The brand has also planned to open a series of distinctive Cashify Stores; the first one will open in Faridabad and could be operational very soon. This shop could be Cashify’s one-forestall platform for customers to promote their old smartphones, repair damaged/damaged displays, or purchase any accent they need for their smartphones. Cashify has also planned to open ten more unique stores throughout the country through the cease of 2019. The emblem has 23 offline kiosks across five cities in India for clients to promote their antique smartphones right away.
Mr. Mandeep Manocha, Co-Founder & CEO – Cashify, stated, “In our six years of journey in the Indian marketplace, we’re happy that we were capable of leading the re-trade phase and making a mark in the industry. Cashify, as a partner brand, has been capable of forging sturdy partnerships with leading cellphone brands like Xiaomi, Vivo, Apple, OnePlus, Nokia and has introduced excellent results. We are looking ahead to making a robust presence inside the refurbished machine market, starting with smartphones as a category and adding other dimensions to it in destiny. With the best product offering and a 6-month carrier promise, we are able to’t wait to put off the acceptance as accurate with a deficit within the refurbished items marketplace. We need to make this business imparting but some other road to access exceptional refurbished merchandise at most low-cost expenses.
We look forward to making Cashify a more holistic brand for telephone users.”
Cashify is currently the biggest Re-trade brand in India and has improved its enterprise presence in 40 towns thus far, from 15 cities till March 2018. Cashify is likewise a one-of-a-kind buyback partner for brands like Apple, Xiaomi, and OnePlus in India. The organization has also facilitated buyback and upgrade applications for Nokia, Vivo, and Samsung in India. Currently, the brand has again partnered with OnePlus for a confident buyback and upgrade software for their lately-launched OnePlus 7 collection.
Cashify has raised $12 million led by way of China’s equity company CDH Investments and early-stage fund Morningside Ventures in conjunction with strategic investor AiHouShou in July 2018. The emblem also has Blume Ventures and M&S partners as its buyers. It has utilized the finances to develop enterprise in India, increase offline reach, and scale pop-up saves offerings. Cashify has been tapping into AiHouShou’s era, operational and again-stop abilties to expand its enterprise inside the Indian marketplace. It has been paying off genuinely nicely for the brand up to now.
