• Cashify raises $15 million for its second-hand smartphone business in India

    1 month ago - By Tech Crunch

    Tens of millions of people each year purchase a second-hand smartphone in India, the world's second largest market. Phone makers and giant online sellers such as Amazon and Flipkart are aware of it, but it's too much of a hassle for them to inspect, repair, and resell used phones. But these firms also know that customers are more likely to buy a smartphone if they are offered the ability to trade-in their existing handsets.
    A startup that is helping these firms tackle this challenge said on Thursday it has raised $15 million in a new financing round. New York-based Olympus Capital Asia...
    Read more ...