# Manak Waste Management Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/manak-waste-management-pvt

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.cashify.in
- Total disclosed funding: $137M
- Latest round: Series E (Sep 7, 2022)
- Investors on record: 18

## About

Based in India, Manak Waste Management Pvt Ltd., f.k.a ReGlobe, d.b.a. Cashify operates as an online platform allowing users to sell, buy, recycle, and repair their pre-owned gadgets. In March 2021, the company raised USD 15 million in Series D funding led by Olympus Capital Asia. Including the March 2021 funding, the company has raised a total of USD 27 million so far. 

Cashify offers multiple electronic devices and products, including smartphone covers, tempered glass, cables and chargers, and refurbished phones and laptops. The company also offers its own-branded mobile accessories and from other brands, such as Apple, Google, Nokia, OnePlus, Oppo, Realme, Samsung, Vivo Xiaomi and much more. In addition, the buyback category of the company includes tablets, laptops, smartwatches, smartphones and much more. The company also gives opportunity to its customers to sell old phones and repair phone screens. As of March 2021, the company has also made a considerable presence in the offline market through stores and pop-up stores and has over 2 million customers across more than 1500 serviceable cities. 

The company plans to use its proceeds from March 2021 funding to further expand its presence in the offline market, expand its footprints in India and hire more talent.

## Funding rounds

- Series E, Sep 7, 2022, $6.6M — Amazon, Blume Ventures
- Series E, Jun 8, 2022, $90M — Olympus Capital Asia, Bessemer Venture Partners, TPG NewQuest, Blume Ventures, Arrowhead Engineered Products, Inc., Prosus Ventures, Paramark Ventures
- Series D, Feb 1, 2021, $16M — Olympus Capital Asia
- Series C, Oct 10, 2019, $6.5M — Bessemer Venture Partners, Milestone Trusteeship Services, Xin Enterprise Pte. Ltd, Sin Growth Partners Pte. Ltd., AHS Device
- Series C, Jun 5, 2018, $12M — CDH Investments, Bessemer Venture Partners, 5Y Capital, Shunwei Capital, Shanghai Wanwuxin Environmental Technology Group Co., Ltd., Trifecta Capital
- Series B, Jul 13, 2017, $4M — Bessemer Venture Partners, Blume Ventures, Shunwei Capital, M&S Partners
- Series A, Mar 23, 2016, $1.4M — Bessemer Venture Partners, Blume Ventures, M&S Partners
- Series A, Apr 25, 2015, $0.5M — Bessemer Venture Partners, Blume Ventures

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B, Series C, Series E
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Series A, Series B, Series E
- M&S Partners (https://capitalatlas.ai/funds/m-s-partners) — Series A, Series B
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series B, Series C
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series C
- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Series C
- Shanghai Wanwuxin Environmental Technology Group Co., Ltd. — Series C
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series C
- Milestone Trusteeship Services — Series C
- Xin Enterprise Pte. Ltd — Series C
- Sin Growth Partners Pte. Ltd. — Series C
- AHS Device — Series C
- Olympus Capital Asia (https://capitalatlas.ai/funds/olympus-capital-asia) — Series D, Series E
- TPG NewQuest (https://capitalatlas.ai/funds/tpg-newquest) — Series E
- Arrowhead Engineered Products, Inc. — Series E
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series E
- Paramark Ventures (https://capitalatlas.ai/funds/paramark-ventures) — Series E
- Amazon (https://capitalatlas.ai/funds/amazon) — Series E