Onsitego, an after-sale service provider to consumer devices, which is supported by Accel has recently acquired Qdigi Services, a subsidiary of Quess Corp, in a transaction valued at 80 crore.

In a statement, Onsitego said that the acquisition will highly 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.

A competitor of Onsitego, Qdigi Services has a network across India and provides installation, repair, and maintenance services to OEMs like Samsung, Apple, One Plus, Xiaomi, etc. It has employee strength of more than 1400 heads and operates more than 100 company-owned and 200-plus franchise service centres.

Quess Corp, mainly focusing on providing staffing services, and acquired Qdigi Services in 2018 for 30 crore.

Commenting on the recently signed deal Founder and CEO of Onsitego, Kunal Mahipal quoted, “The acquisition of Qdigi will further add to our service capabilities and market offerings. While we will expand Qdigi’s existing relationships, we are also looking to target new OEM partners and retailers to accelerate growth.”

Onsitego, which was established in 2010, has raised $30.4 million in funding across three rounds with Accel being one of its key backers. It has a network of over 10,000 stores and has partnerships with retailers such as Vijay Sales, Croma, Bajaj Electronics, Girias, Big C, Lot, Great Eastern, Phonewale, Amazon, etc.

Talking about the divestment of the business, CEO of Quess Corp, Guruprasad Srinivasan mentioned, “In line with the corporate structure simplification process of business lines, we have divested our stake in Qdigi. Quess Corp helped the Qdigi team to scale and create an unparalleled pan-India customer reach and service capabilities.”

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