With the registered user base of 1.5 million and it is growing everyday. Cashkaro act as a intermediate site between e-commerce sites and customers, they drive traffic to the e-commerce sites.
So what they do and how they make money.
So whenever a customer made a purchase from e-commerce site listed on the platform the merchant site give some amount of purchase to the cashkaro site, so the site keep some amount with them and give away a portion to the customer in the form of cash back.
Apart from that since cashkaro is big site they can also generate revenue from by charging fees from the listing sites and also through advertisement on their site.