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The SoftBank-backed company's net profit, however, rose 21% increase to Rs 724 crore in FY26 from Rs 597 crore in FY25.
The acquisition is expected to expand Oxyzo’s debt investment offerings across retail and high-net-worth investor segments.
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.
OfBusiness and Oxyzo invested Rs 27.5 crore each, while Ambium Finserve and IKF Finance contributed the remaining Rs 20 crore.
The proceeds will be used to augment the long-term resources of the company and meet working capital requirements.
