Indus, SAM, NDA team up for $19m Series B for warranty services provider Onsitego

Mumbai-based extended warranty and device protection services provider Onsitego has raised $19 million (approximately Rs 135.71 crore at current exchange rates) in its Series B funding round led by the Avendus-sponsored Zodius Growth Fund.

VCCircle

INDUSLAW advised Accel led by a team of partner Anindya Ghosh, senior associate Aakash Dasgupta, associate Manan Dua, associate Nabarun Chandra Ray.

Shardul Amarchand Mangaldas was advising Onsitego (operating as Onsite Electro Services Private Limited) on transaction documents, led by partner Amit Khansaheb, partner Rishi Jain, principal associate Abhishek Dubey and associate Rial Verma.

Nishith Desai Associates conducted due diligence and worked on transaction documents for Zodius, with lawyers Simone Reis, Abhinav Harlalka and Aditya Desai.

2020-02-01

Deal value: $19m

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Comments

Friend1 3 Jun 2020, 03:22
+0 -0
Great going Amit and Rishi!!