Onsitego, an after-sale service provider to consumer devices, has acquired Qdigi Services, a subsidiary of Quess Corp, in a transaction valued at Rs 80 crore.
According to Onesitego, the acquisition will complement its business and also expand its market opportunity. The transaction is expected to complete in the next two to three months with Quess Corp holding a minority stake.
As part of the transaction, the entire team and business of Qdigi will be transferred to Onsitego. In addition, Quess will be acquiring a minority stake in Onsitego.
Qdigi provides installation, repair, and maintenance services to leading OEMs like Samsung, Apple, One Plus, Xiaomi, and online retailers like Amazon. The brand has over 1,400 employees and operates 100 company-owned and 200 franchise service centers.
Since its inception, Onsitego has established relationships with a majority of large retailers such as Vijay Sales, Croma, Bajaj Electronics, Girias, Big C, Lot, Great Eastern, Phonewale, Amazon, and many more. With a retailer network of over 10,000 stores, Onsitego has covered more than 1.5 crore devices.
Backed by Accel and Zodius, Onesitego competes with Servify, OneAssist, Syska Gadget Secure and ZurePro.
