Electronic device trading platform Cashify has now raised $19m in total, after securing $12m in an Aihuishou-backed round.
Cashify, the India-based operator of an e-commerce marketplace for second-hand smartphones, has raised $12m in a series C round featuring China-based electronics recycling service Aihuishou, TechCrunch has reported.
The round was co-led by CDH Investments and Morningside Venture Partners and included Bessemer Venture Partners (BVP) and Shunwei Capital.
Cashify has developed an online platform where users can buy or sell used electronics, and in particular mobile devices. A representative comes to a seller’s house to perform diagnostic checks on each…
