Cashify eyes ₹1,800 crore IPO, appoints key companies as bankers

Vinayak Nair, Published on Mar 25th, 2026

Cashify eyes ₹1,800 crore IPO, appoints key companies as bankers

Amazon-backed re-commerce marketplace Cashify appointed ICICI Securities, JM Financial and Nomura as bankers for its IPO. A source told Moneycontrol that the Gurugram-based firm is seeking to raise ₹1,500-1,800 crore in total, through a mix of fresh sale and OFS. Cashify's early investors, Bessemer Venture Partners, Olympus Capital Asia and Blume Ventures, are expected to offload shares via OFS.

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