When was Cashify founded?

Cashify was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is Cashify located?

Cashify is headquartered in Gurugram, India. It is registered at 55, 2ND FLOOR, LANE-2, WESTEND MARG, SAIDULLAJAB, Gadaipur, South West Delhi, New Delhi, Delhi, India, 110030.

Who is the current CEO of Cashify?

Mandeep Manocha of Cashify. They have also founded 1 company and are angel investors in 3 startups.

Which legal entities is Cashify associated with?

Cashify is associated with MANAK WASTE MANAGEMENT PRIVATE LIMITED.

How many employees does Cashify have?

As of May 31, 2025, Cashify has 1486 employees, reflecting a 15% year-over-year growth in headcount.

Is Cashify a funded company?

Cashify is a funded company, having raised a total of $140M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 25, 2015.

How much is Cashify worth?

The latest valuation of Cashify is ₹***** as of Sep 08, 2022.

When was the latest funding round of Cashify?

Cashify's latest funding was a $***** Series E round on Jun 08, 2022, with participation from 11 investors. Its primary sector is Consumer Electronics E-Commerce. In India, the Consumer Electronics E-Commerce sector has seen $54.3M in funding in 2026 to date.

What is the annual revenue of Cashify?

Annual revenue of Cashify is ₹1,120Cr as on Mar 31, 2025.

Where does Cashify rank among its competitors?

Cashify ranks 1st amongst 39 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Grest, which secured $1.76M in Jan, 2026.

Who are the top competitors of Cashify?

Cashify's top competitors include Grest, 2GUD and Mobilegoo. Among them, Grest secured the most recent funding round in January, 2026.

Cashify - 2026 Company Profile, Team, Funding, Competitors & Financials

Cashify is a series E company based in Gurugram (India), founded in 2009 by Mandeep Manocha, Nakul Kumar, Amit Sethi and Siddhant Dhingra. It operates as an Online retailer of refurbished and used consumer electronics and gadgets. Cashify has raised $140M in funding from investors like Bessemer Venture Partners, Olympus Capital Asia and Blume Venture, with a current valuation of ₹*****. The company has 39 active competitors, including 3 that are funded. Its top competitors include companies like Grest, 2GUD and Mobilegoo.

Company Details

Online retailer of refurbished and used consumer electronics and gadgets. It provides options to sell or buy used phones, laptops, smartwatches, tablets, gaming consoles, cameras, and accessories. The business also offers repair services for phones and laptops, addressing issues like screen damage, battery problems, and microphone malfunctions. Additionally, it facilitates the recycling of old devices.

Website: www.cashify.in/
Social
Email ID: *****@cashify.in
Phone Number: +91 **********
Registered Address: 55, 2ND FLOOR, LANE-2, WESTEND MARG, SAIDULLAJAB, Gadaipur, South West Delhi, New Delhi, Delhi, India, 110030

Key Metrics

Founded Year

2009

Location

Gurugram, India

Stage

Series E

Total Funding

$140M in 8 rounds

Latest Funding Round

Series E, Jun 08, 2022, $*****

Post Money Valuation

₹***** as on Sep 08, 2022

Investors

Bessemer Venture Partners & 24 more

Ranked

1^st among 39 active competitors

Annual Revenue

₹1,120Cr as on Mar 31, 2025

Employee Count

1,486 as on May 31, 2025

Investment & Acquisitions

UniShop & 2 more

Similar Companies

Back Market & 133 more

View Cashify's full profile

Cashify is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MANAK WASTE MANAGEMENT PRIVATE LIMITED CIN: U46524DL2009PTC190441 , India, Active	May 19, 2009	$133M (As on Mar 31, 2025)	1890 (As on Feb 01, 2026)

Cashify has raised a total funding of $140M over 8 rounds. Its first funding round was on Apr 25, 2015. Its latest funding round was a Series E round on Jun 08, 2022 for $*****. 11 investors participated in its latest round. Cashify has 24 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Cashify:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 08, 2022	5669353	Series E	3768787	4507005	7713609	2942384
Feb 01, 2021	2475773	Series D	7400653	6558938	1781054	4532703
Oct 10, 2019	7402531	Series C	6110920	8992975	4251283	Blume Venture & 7 more

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View details of Cashify's funding rounds and investors

The founders of Cashify are Mandeep Manocha, Nakul Kumar, Amit Sethi and Siddhant Dhingra. Mandeep Manocha is the CEO of Cashify.

Here are the details of Cashify's key team members:

Mandeep Manocha: Co-Founder & CEO of Cashify and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Nakul Kumar: Co-Founder & CMO of Cashify and founder of 2 other companies, ZazzyBox and ReGlobe. They serve on the board of 1 company.
Contact Info: 1 email address
Amit Sethi: Co-Founder of Cashify. They serve on the board of 1 company.
Contact Info: 1 phone number
Siddhant Dhingra: Co-Founder of Cashify. They are also an angel investor in 1 startup.
Contact Info: 1 email address

Cashify's Board of Directors

Cashify's board has 8 active members. Mandeep Manocha, Chunsoo Kim, Arpit Agarwal, Nakul Kumar, Amit Sethi, Anant Vidur Puri, Mamtesh Sugla and Sumit Kumar are part of team.

Here is the list of Cashify's board of directors:

Name	Type	Representing	Status	Duration
Amit Sethi	Team	-	Current	10y 11m
jxrvzwi	Team	-	Past	3y 6m
ius{fc{	Team	-	Past	8y 9m
Arpit Agarwal	Investor	Blume Venture	Current	7y 9m
Anant Vidur Puri	Investor	Bessemer Venture Partners	Current	7y 7m
zzvubw{	Investor	lrjfg{p	Past	2y 8m
tbjbici	Investor	sarpmpc	Past	1y 1m
uibidmk	Investor	yiourtu	Past	6y 5m
rlnxvyx	Investor	wmqcale	Past	6y 9m
cbmlufs	Investor	vwkefax	Past	5y 1m

View details of Cashify's Founder profiles and Board Members

Cashify's employee count trend

Cashify has 1,486 employees as of May 25. The total employee count is 14.0% more than what it was in May 24. Here is Cashify's employee count trend over the years:

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Top competitors of Cashify include Grest, 2GUD and Mobilegoo. Here is the list of Top 10 competitors of Cashify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cashify 2009, Gurugram (India), Series E	Online retailer of refurbished and used consumer electronics and gadgets	$140M	Amazon, Prosus & 23 others	80/100
2nd	Grest 2018, Gurugram (India), Seed	Online retailer of certified refurbished electronics	$4.05M	Equentis Wealth Advisory Services, Ventureforge ... & 42 others	62/100
3rd	2GUD 2018, Bengaluru (India), Unfunded	App-based platform offering refurbished products	-	-	54/100
4th	Mobilegoo 2017, Hisar (India), Unfunded	Provider of refurbished and pre-owned mobile phones and laptops	-	-	48/100
5th	ReFit Global 2018, Delhi (India), Unfunded	Online retailer of certified refurbished smartphones and pre-owned mobile devices	-	-	44/100
6th	DACBY 2021, Gurugram (India), Seed	Buying and selling platform for gamers	$151K	India Accelerator, Ratanada Ventures & 7 others	42/100
7th	Modmobile 2022, Delhi (India), Unfunded	Online marketplace for buying and selling multi-category used consumer electronic products	-	-	38/100
8th	ZOBOX 2020, Delhi (India), Unfunded	Provider of refurbished mobile phones and laptops	-	-	34/100
9th	Nayajaisa 2019, Mumbai (India), Unfunded	Online platform offering refurbished electronic products	-	-	30/100
10th	Costify 2023, Delhi (India), Unfunded	Marketplace of refurbished domestic and commercial refrigerators, freezers, washing machines	-	-	30/100

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Looking for more details on Cashify's competitors? Click here to see the top ones

Founders own 17.22%, Funds (largest shareholder) own 60.36%, Enterprises own 15.95% and Angels own 0.05%. The net worth of Cashify's founders is INR 341Cr as of Sep 07, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	17.22%	341Cr	6296229	4224731	7945350	3436207
Mandeep Manocha	370491	493331	356009	232605	802489	206382
Amit Sethi	346	869	456	397	594	695
Fund	60.36%	1,190Cr	7558660	4910989	8186379	7662783
Blume Venture	0	0	0	0	0	0
AEPim	7357995	7848476	6321919	2815899	4232869	3616291
Bessemer Venture Partners	6368897	4939289	3002485	9124991	1167648	2319325
Newquest	760	769	387	124	557	563
Trifecta Capital	0	0	0	0	0	0
Enterprise	15.95%	316Cr	8349110	6919310	5242667	8678369
Angel	0.05%	1.08Cr	0	0	0	0
Other People	0.50%	9.85Cr	0	0	0	0
ESOP Pool	5.92%	117Cr	25707	85917	28377	40719
Total	100.00%	1,980Cr	6219787	9075851	6480685	2538644

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of Cashify's Shareholding

Cashify has acquired 3 companies including UniShop, Teksolvr.com and MobiBing. Cashify has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 27, 2021	Acquisition	UniShop	2020	Delhi (India)
Jan 04, 2019	Acquisition	Teksolvr.com	2017	Chandigarh (India)
Jul 19, 2016	Acquisition	MobiBing	2015	Bengaluru (India)