Cashify raises about $50 million led by Prosus

Cashify is an Indian second-hand electronics sales platform, mainly providing users with second-hand electronics such as mobile phones, laptops, tablets, TVs, as well as instant cash and free pickup services; and has partnered with Amazon, eBay, Google, Croma, Apple, Ezone partners with companies like Snapdeal. Recently, it raised about $50 million in Series E financing, led by Prosus. NewQuest, Paramark, AEP Holdings and Bessemer also contributed separately. Cashify is valued at just over $250 million in this Series E funding round.

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