Oxyzo

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.

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.

Fintech Highlights

  1. RBI mandates two-factor authentication for all digital payments from April 2026

  2. MS Dhoni Family Office-backed Finance Buddha gets in-principle nod for SME IPO

  3. Gullak bags $7.5 million in Series A round led by Chiratae Ventures

  4. Oolka raises $7 million in seed funding led by Lightspeed, Z47

  5. Go Digit receives Rs 15 crore GST notice
  6. Read more news...

AI/Emerging Tech

  1. Sam Altman dubs OpenAI’s new Pulse ‘the future of ChatGPT'

  2. Microsoft adds Anthropic's models to Copilot amid friction with OpenAI

  3. Emergent raises $23 million in Series A round led by Lightspeed

  4. Cohere raises additional $100 million as it scales enterprise AI tech

  5. OpenAI to build 5 new data centres with Oracle, SoftBank under Stargate
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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