OneAssist scales Hawk Eye AI to underwrite used phones, eyes 1 Lakh devices by FY27
OneAssist is leveraging its Hawk Eye AI diagnostics to insure refurbished smartphones, launching Assure Shield certification and expanding into furniture protection via HomeTown. The company posted ₹500 Cr FY25 revenue (21% YoY) with ₹3.55 Cr PAT, after raising ₹300 Cr equity and acquiring CPP India for ₹174 Cr.
What happened
OneAssist scales AI diagnostics platform Hawk Eye to underwrite protection for used smartphones, launches Assure Shield refurbished certification, and expands
Key facts
- $15.9 Bn global market
- 10-12 Mn devices covered annually
- 5,000 devices/month via Hawk Eye
- 40,000 devices assessed
- 1 Lakh devices target FY27
- 3,000+ partners
- 1,000 certifications/month
- ₹300 Cr equity raised
- ₹100 Cr debt
- ₹174 Cr CPP India acquisition
- ₹500 Cr FY25 revenue
- 21% YoY growth
- ₹3.55 Cr PAT
Why this matters
The CPP India acquisition plus HomeTown furniture protection tie-up reveals a platform playbook—bolt-on distribution and adjacent categories—making OneAssist a consolidation vehicle worth tracking for partnership or co-underwriting plays in used-device and lifestyle protection.