<article>Gurgaon-based <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=OneAssist+Consumer+Solutions" target="_blank" rel="noopener noreferrer">OneAssist Consumer Solutions Pvt Ltd</a> has raised Rs 118 crore ($18.3 million) in a Series C round of funding led by existing investor <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Sequoia+Capital" target="_blank" rel="noopener noreferrer">Sequoia Capital</a>.</article>

Gurgaon-based <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=OneAssist+Consumer+Solutions" target="_blank" rel="noopener noreferrer">OneAssist Consumer Solutions Pvt Ltd</a> has raised Rs 118 crore ($18.3 million) in a Series C round of funding led by existing investor <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Sequoia+Capital" target="_blank" rel="noopener noreferrer">Sequoia Capital</a>.
Other existing investors <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Lightspeed+Venture+Partners" target="_blank" rel="noopener noreferrer">Lightspeed Venture Partners</a> and New York-based insurance major Assurant Inc also took part in the round, along with new investor Moonstone Investments Ltd, according to the company’s filings with the Registrar of Companies (RoC).
The firm will use the proceeds for working capital requirements and business expansion, as per the filings.
Last year in June, the company had <a style="color: #000080;" href="https://www.dealstreetasia.com/stories/india-dealbook-kotak-sells-stake-in-sunteck-realty-stitchwood-oneassist-raise-funding-texas-university-to-start-tech-accelerator-46440/" target="_blank" rel="noopener noreferrer">raised</a> $1.23 million in funding from Trifecta Venture Debt Fund, a fund managed by Trifecta Capital.
OneAssist had received $7.47 million funding in its Series B round of funding from Sequoia Capital India III LP, Lightspeed Venture Partners VIII LP and Assurant Inc. In the process, the company had diluted a 20.34 per cent stake.
Prior to that in 2013, OneAssist had raised $2.60 million from Sequoia Capital India III LP and Lightspeed Venture Partners VIII LP. In 2011, both the investors had backed the company with $3.80 million.
OneAssist Consumer Solutions provides protection for credit card, smartphones and payment cards in case of loss or theft. It was founded in 2011 by Gagan Maini and Subrat Pani.
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Gurgaon-based OneAssist Consumer has raised Rs 118 crore ($18.3 million) in its Series C round of funding led by existing investor Sequoia Capital.

India: OneAssist Consumer Solutions raises $18m Series C led by Sequoia Capital

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India: OneAssist Consumer Solutions raises $18m Series C led by Sequoia Capital

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