One Point One Solutions Raises RS. 97.42 Crore By Allotment of Warrants To Investors

The Board of Directors of One Point One Solutions Ltd., a prominent provider of Business Process Management (BPM) solutions, has given the green light for the issuance of 3,44,00,000 convertible warrants at Rs. 28.32 per warrant. These warrants are allocated to the promoter or promoter group of the company, along with certain identified non-promoter individuals or entities through preferential allotment.

The company has received an advance payment amounting to 25% of the consideration for these warrants, totaling Rs. 24.36 crore.

Commenting on this significant development, Akshay Chhabra, Managing Director of One Point One Solutions Limited, expressed his satisfaction, stating, "This is a proud moment for us as it enables us to secure a substantial funding infusion. These funds will be channeled into our international expansion efforts and support our inorganic growth strategies, with the aim of achieving robust growth rates over the next three years. This underscores the trust and confidence that investors have in our company and places us in a strong position to execute our growth plans."

About One Point One Solutions Limited:

One Point One Solutions Limited, a key player in Business Process Management (BPM), was established in 2008. The company serves a diverse range of industries, including Telecom & Broadcasting, Retail and E-commerce, Consumer Durables & FMCG, Banking and Finance, Travel & Hospitality, and Insurance. In 2017, the company became listed on the NSE and has expanded its reach to encompass five service centers strategically located throughout the country.

The company offers a comprehensive array of services, including customer care, lead generation, content management, voice analytics, accounts payable and receivable, SME Management, predictive analytics, Chatbots, IVR, voice analytics, and email management. Akshay Chhabra, the founder of One Point One Solutions Ltd., is committed to driving innovation through technology to enhance operational efficiency within the BPM industry.

With over 40 leading clients spanning various sectors, including notable names such as SBI Cards, Godrej Appliances, Kotak Mahindra, ICICI Bank, Airtel, and Go Air, One Point One Solutions has extended its footprint to the USA, Australia, and the UAE. The company has established a wholly-owned subsidiary, "ONE POINT ONE USA INC.," in the United States of America and is exploring Australia as a significant international destination in addition to its presence in the UAE.