Cashify raises $15mn from New York-based Olympus Capital

Cashify has raised $15mn from New York-based Olympus Capital Asia through Asia Environmental Partners, a fund dedicated to the environmental sector.

Cashify operates an eponymous platform — both online and physical stores and kiosks — for users to sell and buy used smartphones, tablets, smartwatches, laptops, desktops and gaming consoles. But 90% of its business today surrounds the smartphone category, explained Mandeep Manocha, founder and chief executive of Cashify.

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