Quess Corp has agreed to divest its wholly-owned subsidiary, Qdigi Services, to Onsitego, India’s leading device-care provider. As part of the transaction, the entire team and business of Qdigi will be transferred to Onsitego. Quess will receive total cash consideration of Rs 80 crore, subject to customary closing adjustments. Quess will be acquiring a minority stake in Onsitego. The transaction is expected to be completed over the next 2-3 months.
Quess Corp is India’s leading business services provider and largest private-sector employer.
