The Aihuishou-backed second-hand electronics platform operator has raked in new financing from an Olympus Capital subsidiary.
Cashify, the India-based electronics e-commerce marketplace operator of backed by electronics recycling service provider Aihuishou, has received $15m from private equity firm Olympus Capital, Yourstory reported yesterday.
Olympus invested in the business through its environment and clean energy-focused vehicle, Asia Environmental Partners.
Founded in 2013, Cashify runs an online platform through which users can buy new and refurbished electronics including smartphones, laptops, desktops and tablets. It also purchases used electronics and provides repair and recycling services.
The new funding will…
