Asish Mohapatra

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 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.

Fintech Hightlights

  1. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  2. Kamath brothers pick minority stake in InCred Holdings

  3. PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

  4. Cross-border payments startup Aspora bags $53 million in Series B funding

  5. Mahaveer Finance raises Series C funding from Elevation Capital, others
  6. Read more highlights...

AI/Emerging Tech

  1. Darwix AI bags seed funding

  2. Google plans to snap ties with Scale AI after Meta's "significant" investment

  3. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  4. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case