Funding Alert

OneDios Secures Rs 6 Crore in Bridge Round Headed by Inflection Point Ventures


Onedios, a customer care service aggregator platform, has successfully raised Rs 6 crore in a bridge round co-led by Inflection Point Ventures and VCATs, as reported on November 30, 2023.

The secured funds are earmarked for various purposes, including the onboarding of retailers, advancements in technology, operations, marketing, and sales, according to a press release from Onedios.

Established in 2019 by Nitin Chawla and Amit Sharma, Onedios operates as a unified request platform within the consumer electronics industry, facilitating connections between dealers, distributors, and consumers through innovative technology. The company boasts granted patents and strategic collaborations with major brands such as Daikin and Voltas, providing users with a seamless integrated experience.

Onedios has a specific goal to facilitate warranty sales for all Original Equipment Manufacturers (OEMs) through its platform, leveraging the retailer channel. The company also extends brand-authorized extended warranties, rapid Customer Relationship Management (CRM) integration, and utilizes a patented, in-house-developed platform.

Notably, the Noida-based company takes pride in having served 7.5 lakh customers, offering swift service bookings, compliant resolutions, and digital interactions spanning more than 100 brands.

In the realm of early-stage investments, Inflection Point Ventures (IPV) stands out as an angel investment firm that has actively supported over 20 startups in the first half of 2023. Among the notable startups in its portfolio are BharatNXT, Raaho, LoanKuber, Aksum, Tummoc, Crest, ixamBee, Cognecto, and Shipturtle, showcasing IPV’s commitment to fostering innovation and growth in diverse sectors.

 

 

 

Follow Startup Story

Related Posts

© Startup Story Private Limited. All Rights Reserved.