Fri, Nov 08 2024
Asia's fastest unicorn, Zyber 365, a decentralized blockchain technology firm, recently partnered with CashKaro, the top cashback platform in India, according to a partnership discussion.
Anurrag Singh is the CTO and Samiraj Singh is the CFO of Zyber 365 Group, a multinational conglomerate founded by Pearl Kapur, the youngest billionaire in India at the age of 27, which aims to secure the world and improve lives through the establishment of Zyber 365 BlockEd School of Blockchain, an initiative of Zyber 365 VC Fund in conjunction with AI retail Cashless Stores. The group has a 1.2 billion USD valuation.
Established by Swati and Rohan Bhargava, CashKaro is the biggest consumer cashback and coupons app in India and the biggest affiliate partner for e-commerce websites.
Known as the nation's preferred savings site for consumers, CashKaro provides price comparison, coupons, and cashback all on one platform. Renowned supporters like Mr. Ratan Tata, Korea Investment Partners, Kalaari Capital, and a recent series C from Affle Global Pvt Ltd. have contributed more than USD 30 million to CashKaro.
This is the start of an innovative collaboration that will likely change the way people shop online and receive cashback. Together, they intend to launch a strategy that blends online retail, cashback programs, and state-of-the-art blockchain technology.The collaboration may usher in a new era for online shopping practices and cashback programs, with new heights of creativity, adaptability, clarity, and efficacy for consumers and businesses. CashKaro has already been at the forefront of innovating affiliate programs and cashback in India.
Pearl Kapur, Chairman, Founder, and CEO of Zyber 365 Group, expressed her excitement about the relationship: "I'm thrilled about this partnership." This move promises innovation and transparency for customers and retailers alike, marking a significant advancement in the fusion of blockchain technology with cashback services. We're going to change the face of internet retail together, and we're committed to making this endeavor as successful as possible.
"This collaboration not only solidifies CashKaro's position as a market leader and category builder, but it also holds the potential to elevate the industry towards a more innovative, smart, and growth-oriented future," stated CashKaro's co-founders, Rohan and Swati. We are bringing in a new era of innovation and openness with blockchain that will benefit all parties involved, including customers, e-commerce partners, and the sector as a whole.
By utilizing the potential of blockchain technology, this partnership represents a significant step toward closing the gap between cashback services and blockchain technology.
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