New Delhi, India: In a partnership talk, Asia’s Fastest Unicorn Zyber 365, a company involved in decentralized blockchain technologies, recently joined forces with CashKaro, India’s leading cashback platform.
Asia’s Fastest Unicorn, Zyber 365 Group, is founded by Pearl Kapur, who recently turned India’s Youngest Billionaire at 27 & has Anurrag Singh as the CTO & Samiraj Singh as the CFO is a multinational conglomerate working towards enriching lives in consensus sustainability & securing the globe by initiating Zyber 365 BlockEd School of Blockchain which is an initiative of Zyber 365 VC Fund alongside AI retail Cashless Stores. The group is valued at USD 1.2 billion.
CashKaro, founded by Swati Bhargava and Rohan Bhargava is India’s largest Cashback & Coupons app for consumers, as well as the largest affiliate partner for e-commerce sites. Considered as the country’s go-to savings destination for shoppers, CashKaro offers Cashback, Coupons and Price Comparison on a single platform. CashKaro has garnered more than USD 30 million in investment from renowned backers such as Mr Ratan Tata, Korea Investment Partners, Kalaari Capital & a recent series C from Affle Global Pvt Ltd.
This marks the beginning of a ground-breaking partnership that is anticipated to reshape online shopping and cashback rewards. Together, they plan to introduce an approach that combines cutting-edge blockchain technology with cashback programs and online retail. CashKaro which has already been in the forefront of innovating cashback & other affiliate programs in India, the partnership could bring about a new moment for both cashback programs and online shopping practices with new levels of creativity, adaptability, clarity, and effectiveness for both customers and businesses.
Talking of the partnership, Pearl Kapur, Chairman, Founder & CEO, Zyber 365 Group says, “I’m thrilled about this partnership. This move represents a significant leap forward in merging blockchain technology with cashback services, promising innovation and transparency for both consumers and retailers. Together, we’re embarking on a journey to reshape the online retail landscape, and we are dedicated to achieving unprecedented success in this endeavour.”
Rohan & Swati, Co-Founders, CashKaro also added, “This collaboration not only solidifies CashKaro’s position as a market leader and category builder but also holds the potential to elevate the industry towards a more innovative, smart and growth-oriented future. By leveraging blockchain, we are ushering in an era of innovation and transparency that benefits everyone involved – consumers, e-commerce partners, and the industry as a whole.”
This collaboration marks a pivotal step in bridging the gap between blockchain technology and cashback services by harnessing the power of blockchain.