OGOnMobile Global532944New partnership deal

Enters into three-year distribution agreement with Savex Technologies for ONMO+ Smart Console in India

OnMobile Global has entered into a Distribution Agreement with Savex Technologies Private Limited on 28 October 2026.

By ScoutQuest · Thu 29 Oct 2026, 1:13 AM IST · 1 min read

Agreement Date

28 October 2026

Agreement Term

three (3) years from the Effective Date

Distribution Channels

large format retail, regional retail, e-commerce and quick-commerce channels

What was announced

• OnMobile Global has entered into a Distribution Agreement with Savex Technologies Private Limited on 28 October 2026.
• The agreement covers distribution of the company's ONMO+ Smart Console, described as gaming hardware with bundled digital services, in India.
• Savex will sell it through authorised large format retail, regional retail, e-commerce and quick-commerce channels on a stock-and-sale basis.

Key terms of the agreement

• Term of three (3) years from the Effective Date.
• Appointment of Savex as distributor of the ONMO+ Smart Console in India on a stock-and-sale basis, through the channels specified in the Agreement.
• Area of agreement: commercial. Market: domestic.
• Consideration shall be as per the purchase orders placed under the Agreement.

What the company says the deal does

• The arrangement extends the availability of the ONMO+ Smart Console from its existing online presence to organised retail and marketplace channels across India.
• This is done through what the update describes as a large and established national distributor of technology and consumer electronics products.

Related party position

• The update states the transaction does not fall within related party transactions, and that the promoter, promoter group and group companies have no interest in the entity.

How to read stock-and-sale

• In a stock-and-sale arrangement, the distributor purchases stock and sells it onward rather than only booking orders for the company.
• How much business actually flows from this agreement therefore depends on the purchase orders placed under it, which is also what the consideration is linked to.
• The benefit the company expects is distribution of the ONMO+ Smart Console through organised retail, e-commerce and quick-commerce channels in India.

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