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OfBusiness

OfBusiness' lending unit Oxyzo posts increase in FY25 revenue, profit

29 May 2025, 21:49 PM

Oxyzo, which provides credit solutions and loans to SMEs, earned Rs 1,141 crore from interest income, which is about 95% of the total revenue.

Varthana raises Rs 75 crore in debt funding from OfBusiness, others

Varthana raises Rs 75 crore in debt funding from OfBusiness, others

20 Apr 2025, 20:27 PM

OfBusiness and Oxyzo invested Rs 27.5 crore each, while Ambium Finserve and IKF Finance contributed the remaining Rs 20 crore.

Cornerstone Ventures invests Rs 100 crore in OfBusiness

Cornerstone Ventures invests Rs 100 crore in OfBusiness

17 Apr 2025, 10:54 AM

This funding marks the VC firm's first investment from its $200 million new fund, which was launched in April 2024.

OfBusiness

OfBusiness' lending arm Oxyzo secures Rs 100 crore in debt

25 Feb 2025, 03:19 AM

The proceeds will be used to augment the long-term resources of the company and meet working capital requirements.

OfBusiness transitioning into public entity as it moves closer to IPO

OfBusiness transitioning into public entity as it moves closer to IPO

03 Feb 2025, 15:58 PM

The company's board has approved a resolution to change its name from 'OFB Tech Private Limited' to 'OFB Tech Limited'.

SoftBank-funded OfBusiness hires top bankers for IPO in 2025

SoftBank-funded OfBusiness hires top bankers for IPO in 2025

21 Nov 2024, 18:05 PM

The B2B marketplace and fintech lender OfBusiness has appointed Axis Capital, Morgan Stanley, JPMorgan, Citigroup and Bank of America for its $1 billion IPO.

Zodius exits OfBusiness in $100 million share sale: report

Zodius exits OfBusiness in $100 million share sale: report

23 Oct 2024, 17:59 PM

Z47 (previously known as Matrix India Partners), an early investor in the Gurugram-based fintech and commerce startup, is also looking to sell its stake.

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