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. BNPL startup Snapmint swings to net profit in FY25: report

  2. Infibeam Avenues completes Rs 700 crore rights issue

  3. Insurtech platform Plum sets up health vertical

  4. EximPe gets in-principle licence to operate as cross-border payment aggregator

  5. PayU India secures Rs 302 crore investment from parent firm
  6. Read more highlights...

AI/Emerging Tech

  1. Google's Big Sleep helps foil cyberattack in "first time" for AI agent

  2. Bain forms strategic partnership with AI expert Andrew Ng

  3. Voice AI startup Navana.ai bags pre-Series A funding

  4. Ex-OpenAI technology chief Mira Murati's startup secures massive $2 billion in seed funding

  5. Oracle commits $3 billion for AI, cloud expansion in Europe
  6. 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