Детали проекта

Общая информация

Название проекта

OnSiteGo

Early intelligence
22 Май 2020

Опубликован

22 Май 2020

Бюджет

 


Тип тендера

Услуги, Поставки, Работы

Номер

IFC43564

Донор

IFC - Международная финансовая корпорация (МФК)


Страны

Индия

OnSiteGo

Summary of Investment Information

Project Number
43564

Company Name
ONSITE ELECTRO SERVICES (PVT) LTD

Date SPI Disclosed
May 21, 2020

Country
India

Region
South Asia

Projected Board Date
Jun 19, 2020

Environmental Category
C

Status
Pending Approval

Department
Global Industry, Financial Markets

Industry
Financial Institutions

Sector
General Insurance (Non-Life)


Project Description

IFC is considering an equity investment in Onsite Electro Services Pvt. Ltd. (“Onsitego” for short), a provider of extended warranty and after-sales services for appliances and consumer electronics (ACE). Onsitego has recently launched annual maintenance contract (AMC) services for appliances.

Project Sponsor and Major Shareholders of Project Company

Securities of Onsitego are held by the founder/CEO, Accel Partners (a global VC firm specializing in early-stage technology investments), Zodius Capital (an India-based mid-market, new-economy and digital-focused investment fund), angel investors and company employees.


Total Project Cost and Amount and Nature of IFC's Investment

The proposed equity investment is up to US$10 million in preferred shares.

Location of Project and Description of Site

Onsitego has its registered office in Kolkata, India and its corporate offices are in Mumbai, India. Onsitego has operations throughout India.

Hyperlinks to Related Project Dossiers:

https://disclosures.ifc.org/#/projectDetail/SII/43564