Suvidhaa
Sector: Broadband • Location: India
Source: International Finance Corporation (IFC)
The proposed project consists of an equity investment in Suvidhaa Infoserve Private Limited (the “Company” or “Suvidhaa”) up to US$5 million to support the Company to expand its services in India. IFC is expected to invest in redeemable convertible preferred Series B shares.
The Company started its operation in 2007 and has enrolled 18,000 outlets in India to date. Suvidhaa, as a retail service
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project consists of an equity investment in Suvidhaa Infoserve Private Limited (the “Company” or “Suvidhaa”) up to US$5 million to support the Company to expand its services in India. IFC is expected to invest in redeemable convertible preferred Series B shares. The Company started its operation in 2007 and has enrolled 18,000 outlets in India to date. Suvidhaa, as a retail service aggregator, provides access to local services such as purchase of railway tickets, airline tickets, or mobile top-up, through its manned retail outlets with Suvidhaa application and PC. Suvidhaa outlets also serve as collection points for many services such as utility bills and insurance premium. The Company mainly targets the large bottom of the pyramid and non-internet savvy consumers who will benefit from the one-stop shopping including payment mechanism. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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