Encashit was formerly known as cashback365.It was founded in 2012 when e-commerce was just picking pace and no wonder Indians had no trust on cashback model because cashback is not an instant discount, it takes weeks to process and deliver. With minimal funds in hand and family pressures to take up a Job he (Vijay) had no choice and paused the website for a while and later he re-launched it with new name in 2015. This time he wanted to solve the serious problem faced by the online shoppers who are active mobile users. Due to limited memory in mobile phones people are not willing to install all shopping apps ,so encashit mobile app helps them with all online stores under one umbrella with extra cashback for shopping. It’s a Win-Win deal for customers and online merchants.
Encashit is founded by Vijay Suram with Amsi Maganti as a Co-founder. Vijay is basically from Mechanical Engineering background from Hyderabad, but interest towards computers and web applications lead to join Cognizant technology solutions as a programmer and worked there for more than 2 years before re-launching his startup Encashit.He handles business development, marketing and part of technology at Encashit.Amsi Holds a Master’s degree in Computer Applications with 3+ years of experience on web applications and mobile apps. He is so much into technology that you just tell him the requirement and he will just come back to you with best output than expected in no time.
Online shopping & Daily deals have become one of the most famous things in this age of advanced technology. These days, many people are busy with their work and they hardly get time to visit any store physically and shop. Shopping can be an exhausting experience for some people especially if they are picking out gifts for somebody else. It can be difficult to find something good and meaningful for the occasion which is still within their budget. Our deals & discounts makes it all easier as people get to do all the shopping stores at the convenience of their home or office without having to run around different shops or aisles trying to find what they need. Most of the online shopping stores give options to choose products based on price range, occasion, etc. They can also find out the price immediately and can compare different brands based on quality and price. Encashit provides a wide range of service for all major e-commerce sites in India, currently there are 200+ websites like Flipkart, Myntra, Amazon, Jabong, Makemytrip, Yatra, Goibibo, Redbus,Zovi, Ferns n Petals, etc, on board and they are promoting for their exclusive coupon codes & promo codes. They are also known for highest paying cashback websites in India.
The company is a seeding and they put in all their efforts to develop a strong product and trying to crack the right formula.They are targeting smart features like price comparison + cashback ,Digital wallet integration for easy cashback withdrawal etc, which are in Pipeline now. Two years down the line they aim to be the India’s No 1 cashback app and roll out their product to south-east Asia markets as well.
To get the cashback download the app now–>Encashit App
Geekopedia wishes Encashit best of luck for future endeavors.