Onsitego, an after-sales services startup for personal devices, gadgets, small and large home appliances, announced that it has raised $10 million in an extension to its Series B funding round from IFC. Avendus Capital acted as the financial advisor for this transaction. Earlier in February, the startup had raised funds from Zodius, with participation from…
Tag: Onsitego fundraise
IFC to invest in Mumbai-based after sales service provider Onsitego
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•International Finance Corporation announced that it has plans to invest $10 million in Onsitego, India’s customer service company for personal devices, gadgets, small and large home appliances, according to a VCCircle report. In a disclosure, IFC said the investment will be made through by subscribing to preferred shares in Mumbai-based Onsitego, which announced its Series…
Onsitego raises $19 mn Series B funding led by Zodius Growth Fund
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•Zodius Growth Fund, an Avendus Capital sponsored fund, announced that it has made its first investment in Onsitego, India’s leading after-sales services firm. The company has raised $19 million in Series B round led by Zodius Growth Fund with participation from existing investor, Accel Partners. The investment will be utilized for consolidating its market position…