Cashify raises $90 million in Series E funding round

Re-commerce marketplace Cashify has raised $90 million in Series E funding round. The round was led by NewQuest Capital Partners and Prosus and also saw participation from existing investors Bessemer, Blume Ventures, Olympus Capital and Paramark Ventures. On Cashify, old phones can be sold and refurbished phones can be purchased. The funding will help the firm expand into new markets.