Onsitego raises capital from IFC, extends Series B round to $30 million

Date posted: Thursday 24 September 2020

Onsitego, a Mumbai-based after-sales services startup, has raised capital from IFC in an extension to its Series B investment round, closing it at $30 million. The first tranche of $19 million was raised in February, led by Zodius with participation from existing backer Accel Partners. The fund will be utilized for consolidating its market position in the after-sales services industry, and strengthening its consumer offerings like annual maintenance contract (AMC), home protection and on-demand services, the company said in a statement.

(Live Mint)