Cashify targets store count of 250 by March 2023

Refurbished electronics seller Cashify is expanding its retail presence in India as the company is eyeing tier-II markets. The company is planning to take its total number of stores to 250 by March 2023 from the current 170. By the end of 2022, Cashify will have retail stores in over 100 Indian cities. Unlike the first-hand smartphone market, which is going through a demand slump due to the economic downturn, the refurbished smartphone market has been growing. After all, Cashify’s retail expansion move is a new business opportunity for the signage companies whose main activities involve in in-store branding, displays and such projects.