Cashify is now said to be mulling launching a customized E-commerce platform in order to sell refurbished gadgets and accessories in India.
Smartphones would be the key product segment to start off with, but users could also expect refurbished laptops, tablets, and gaming consoles
The list of refurbished smartphones brands includes the likes of Xiaomi, Apple, OnePlus, Vivo, Oppo, Samsung, and Huawei, in tandem with a 6-month warranty.
While Cashify is already working on a distributor and retailer network in India and has been selling refurbished smartphones across the offline segment of the market, the online platform could cater intensively to second-hand smartphone buyers. Cashify has established operation centres across 5 cities viz Gurgaon, Mumbai, Chennai, Hyderabad and Bengaluru in India. Here, all the refurbished devices would be thoroughly tested here and certified with the 6-month post-purchase warranty.
Apart from this, the brand also has plans to open a chain of exclusive Cashify Stores; the first one would be opened in Faridabad and would be operational very soon. This store would be Cashify’s one-stop platform for consumers to sell their old smartphones, repair broken/damaged screens, or buy any accessory they want for their smartphones. Cashify has also planned to open 10 more exclusive stores across the country by the end of 2019. As of now, the brand has 23 offline kiosks across 5 cities in India, for customers to sell their old smartphones instantly.
Mandeep Manocha, Co-Founder and Chief Executive Officer (CEO) at Cashify said, “In our 6 years of journey in the Indian market, we are glad that we have been able to lead the re-commerce segment and make a mark in the industry. Cashify, as a partner brand, has been able to forge strong partnerships with leading smartphone brands like Xiaomi, Vivo, Apple, OnePlus, Nokia and has delivered outstanding results,”
At this point in time. It is worth noting that Cashify is also an exclusive buyback partner for brands like Apple, Xiaomi, and OnePlus in India. The company has also facilitated buyback and upgrade programs for Nokia, Vivo, and Samsung in India. Currently, the brand has again partnered with OnePlus for an assured buyback and upgrade program for their recently-launched OnePlus 7 series.