Over Rs. 100 Crores Cashbackhas been transferred to the bank accounts of CashKaro users
April 26th: CashKaro, India’s largest Cashback & coupons site recently crossed the Rs. 100 Crores milestone by having paid the sum as real cash back to members who shopped via CashKaro. Established in 2013, CashKaro is a Cashback site that rewards users if they visit sites like Amazon, Flipkart via CashKaro and shop. CashKaro also lets its members directly withdraw their Cashback to their bank account.
Besides paying 100 Crores as Cashback, CashKaro has also enabled Rs 1000 Crores of GMV YoY for its retailer partners. These retailers include over 1500 e-commerce players such as Flipkart, Amazon, Jabong, Myntra, Dominos, Swiggy & Medlife among others. CashKaro has witnessed 100% growth over the last year and expects to grow by 200% over the next two years.
Speaking on the occasion CashKaro Co-Founder, Rohan Bhargava said, “It is a great milestone for us to have successfully paid back Rs. 100 Croresworth of Cashbackto our users on routine shopping over the last 6 years. CashKaro has helped them save money on each of those purchases returning a portion of their expenditure each time as Cashback. By paying users real cash that they can transfer to their bank accounts, CashKaro ensures it offers users the best deal on the internet.“
“CashKaro Cashback is real money, and it is paid on top of discounts that are already running on our partner sites. This ensures that those who have developed the CashKaro habit, always get more! Thanks to an active and engaged set of users we have retained our position as India’s No. 1 Cashback site for onlineshoppers across categories like, food delivery, fashion, travel booking and now weeven giveCashback on online bill payments.“, said Co-Founder, Swati Bhargava.
CashKaro Cashback can be earned by shopping via the CashKaro website or Android App. On average a regular CashKaro user earns Rs. 20,000-25,000 per year as Cashback. Besides Cashback, CashKaro also offers features such as price comparison & coupons. This means a CashKaro user can get an accurate and unbiased comparison of any product being sold across all major e-commerce site, right from the CashKaro website.This helps CashKaro users compare final prices of products after all retailer discounts and takes into account the additional Cashback they can get via CashKaro.
CashKaro also offers multiple options for redemption of the users’ Cashback earnings. The cashback site allows users to transfer Cashback to their bank account or redeem their earnings in the form of Amazon / Flipkart Gift Vouchers. Users can use these gift vouchers to shop further or even donate their cashback to a charity of their choice.
When a user visits a retailer’s website via CashKaro and shops, the retailer pays CashKaro a commission for enabling the sale. CashKaro then shares upto 80% of this commission with the user as Cashback. This is a win-win-win situation where the customer, the retailer and CashKaro all benefit from the sale. Thanks to this mutually profitable model CashKaro has been the market leader in the Indian performance marketing space for the past 6 years. A pioneer among affiliate marketing organisations in India, today CashKaro is all set to scale new heights and has become a one-stop savings destination for online shoppers across both urban and rural areas of India.