Cashify saw 40% growth in mobile buyback segment in 2020, eyeing offline expansion

New Delhi: Smartphone and accessories recommerce marketplace Cashify has recorded a 40% on-year growth in the mobile buyback segment in 2020 when it expanded its presence in the offline segment with 17 new stores, amid growing demand for exchange of second hand devices and refurbished products.

“While there was a downsizing of pop-up stores, these new outlets opened up avenues for smartphone users to simply walk in and get all smartphone solutions. Offering buyback, refurbished devices, instant mobile repair and mobile accessories, these stores today stand strong with a manpower of 161 executives,” said Nakul Kumar, COO & Co-Founder, Cashify.