Online used-phone selling startup Cashify raises $12 million
Haryana-based online used-phone selling startup Cashify has raised $12 million led by China's equity firm CDH Investments and early-stage fund Morningside Ventures. Existing investors, including Shunwei Capital, Bessemer Venture, and Trifecta Capital also participated in the round. Founded in 2009, Cashify is an online marketplace which sells old or used gadgets and offers free home-pickups.