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Cashify's revenue from operations rises 50% YoY to ₹498 cr in FY22
short by Bhawana Chaudhary / on Wednesday, 11 January, 2023
Re-commerce marketplace Cashify's revenue from operations grew nearly 50% to ₹498 crore in FY22 from ₹333 crore in FY21, annual financial statements with the Registrar of Companies (RoC) showed. Sales of used mobile phones and other electronic gadgets formed 93.37% of the total collection which increased 47.62% to ₹465 crore. Cashify posted losses amounting to ₹99 crore in FY22.
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