Subscribe

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.

Who Reads Us

Fintech Highlights

  1. Former Peak XV execs floated Ambition Capital targets $250 million for debut fund

  2. Ecofy secures $42 million funding co-led by BII, Finnfund

  3. Razorpay rolls out B2B agent marketplace

  4. CBI searches 15 locations to investigate cyber fraud network

  5. NSE appoints 20 bankers for proposed IPO
  6. Read more news...

AI/Emerging Tech

  1. Bamboobox raises $6.6 million led by Peak XV Partners

  2. Grapevine secures $4.1 million funding from Kae Capital, Peak XV

  3. Atlys raises Series C funding led by Susquehanna Asia VC

  4. Agnit Semiconductors raises seed funding led by Shastra VC

  5. Accel and Google select five startups as part of 2026 AI cohort
  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. A CEO arrested, hearing delayed; Sarvam's AI pitch

  2. Airtel's lending leap; Responsible AI only on paper?

  3. AI everywhere. Fintech...somewhere; India's AI groundwork

  4. The Wegofin episode; India's AI optics vs spending reality
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar