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 Highlights

  1. Blume-backed EV financing startup Ohm Mobility shuts down

  2. Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

  3. BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

  4. Insurtech startup Bharatsure secures Rs 6 crore funding from IPV, others

  5. Digital lender KreditBee converts into public entity ahead of IPO
  6. Read more news...

AI/Emerging Tech

  1. China's Unitree prices new humanoid robot at under $6,000

  2. OpenAI's Shengjia Zhao named as chief scientist of Meta Superintelligence Labs

  3. AI supremacy: Taiwan follows US with mega global hub plan

  4. Trump government unveils artificial intelligence policy

  5. Intuit updates enterprise suite with AI agents to drive mid-market growth
  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  2. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

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