Cashify launches first 'Select' refurbished electronics store in Bengaluru, scaling 250+ store network across 95 cities

Cashify opens its inaugural 'Select' format store in Bengaluru, a dedicated refurbished electronics retail concept. The launch builds on its existing 250+ store footprint across 95 Indian cities, signaling a push into branded organized retail for the resale category. Same roundup notes Snabbit entering salon-at-home and Scapia raising $63M.

— Source publishedThu, 21 May, 2026, 16:45 IST·First seen Thu, 21 May, 2026, 16:56 IST·Source YourStory

What happened

Daily roundup: Snabbit enters salon-at-home beauty services; Cashify opens first 'Select' refurbished electronics store in Bengaluru (250+ stores, 95 cities);

Key facts

  • $63M Scapia
  • $7M Clouted
  • $400K Meta Fashion
  • 250+ Cashify stores
  • 95 cities
  • 147.19M bus passengers
  • 24% growth
  • Rs 142.16B GTV
  • Rs 49 Snabbit min

Why this matters

Cashify's move into owned-format retail signals consolidation ambitions in fragmented refurbished electronics—monitor for partnership openings with OEMs, telco trade-in programs, or acquisition of regional refurb players to accelerate the Select rollout.

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