CashKaro Raises $3.8M in Series A

What does CashKaro do?

CashKaro, is a coupons and cashback site which rewards customers for visiting online retailers through their site. With this site you can earn cashback everytime you shop with websites such as Jet, Yatra, Booking.com, Flipkart, Myntra, Hotels.com and over 150 other sites. You just have to visit their site first and then go to other websites from there and shop normally like you would and you will receive a cashback. When you visit retailers through their site they will pay the users commission for every transaction which takes place. The company pays you cashback from that. Users can also get coupon codes and cashback on many brands. When you have shopped and you have Rs 250 confirmed cashback, it will be paid to your bank account through NEFT or cheque.

How much CashKaro was funded?

CashKaro raised $3.8M in Series A funding from the investor Kalaari Capital on November 16^th, 2015.

Previous Funding

$750k on July 3, 2013

More about CashKaro

 CashKaro since its launch in April of 2013 has raised a total of $3M in cashbacks which the company expects to reach $5.4M in the coming few months. The company is aiming to make the company a one stop shopping destination than just a one stop saving destination. The company has plans to use the latest funding raised on marketing, a mobile application which is to be launched in 2015, and for expanding its services in SE Asia beginning with Singapore, Malaysia and Indonesia. The company has decided to start adding more tools after noticing that users are looking for offers by product and not by retailer.

More about CashKaro

CashKaro was founded on November 1, 2012 by Swati and Rohan Bhargava. The company claims to be India’s largest cashback and coupon site and works with over a thousand e-commerce sites and makes money through their affiliate programs.