Last updated: Oct 25, 2024
- Brand NameOfBusiness
- HeadquarterGurugram
- No. of Employees883
- Industry
B2B, E-commerce, Fintech
- Founded Year 2015
- Company StatusActive
- Highlights
- Total Funding₹6649.47 Cr
- Funding Rounds11
- Number of Acquisitions2
- FY 2022-23 Revenue₹15658.58 Cr
- FY 2022-23 Profit₹463.25 Cr
About OfBusiness
OfBusiness is a new-age b2b commerce and fintech startup that provides smart procurement and smart financing solutions to SMEs through its tech-enabled platform. OfBusiness serves as a single window for SMEs in the manufacturing and infrastructure sector for all raw material procurement, supplier financing, and project financing needs. SMEs can use unsecured credit limits for cost-effective procur.....view more
Business Model of OfBusiness
Industrial goods and services procurement platform OfBusiness helps source raw material and provides companies with a portal to bid for government tenders. It also provides access to cash flow-based short term financing for buying raw materials through its NBFC Oxyzo Financial Services.
Key People/Management
Show allRK
Ruchi KalraCo-Founder & CFO
VS
Vasant SridharCo-Founder & CSO
BG
Bhuvan GuptaCo-Founder & CTO
AM
Asish MohapatraCo-Founder & CEO
NJ
Nitin JainCo-Founder
BK
Bhuvan Kumar GuptaDirector
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Latest News
- OfBusiness FY24 operating revenue up 26% on year to Rs 19,296 croreJul 8, 2024
- B2B unicorn OfBusiness hits the road to raise funds in pre-IPO roundDec 6, 2023
- Exclusive: OfBusiness sprints past Rs 7,000 Cr revenue mark in FY22Oct 18, 2022
- OfBusiness is seeking $2 billion in India’s biggest tech IPO since PaytmApr 12, 2022
- OfBusiness raises $325 mn in fourth major fundraise this yearDec 20, 2021
- OfBusiness valued at nearly $5 billion after $325 million in new fundingDec 20, 2021
- OfBusiness closes FY21 with 2X jump in revenue and Rs 56 Cr profitNov 25, 2021
- OfBusiness valuation nearly doubles to $3 billion after Tiger Global-led fundingOct 1, 2021
- OfBusiness turns unicorn post SoftBank-led $160 million fundingJul 31, 2021
- OfBusiness in talks with SoftBank to raise funds at $1.2 billion valuationJun 3, 2021