Artificial Intelligence OfBusiness | Smart Financing for SMEs


Enterprise, Financial Services, Lending, Business Loans, Raw Material Procurement, SMEs Gurugram, HR, India

OfBusiness

Artificial Intelligence


OfBusiness | Smart Financing for SMEs

OfBusiness

Financial Services, Lending, Business Loans, Raw Material Procurement, SMEs


Gurugram, HR, India

OfBusiness is a new-age fintech start-up and is technologically driven to provide smart financing to SMEs.

OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus on the manufacturing and infrastructure sectors. It integrates technology to SMEs ' buying behavior to make available better products, at better prices, in better timelines to customers with comprehensive online and offline support. Key raw materials include metals, chemicals, polymers, Agri commodities, petrochemicals, and building materials. OfBusiness provides SMEs access to cash flow-based financing for buying raw materials through its NBFC 'Oxyzo Financial Services'. The Company also offers a host of tech services for SMEs including BidAssist for new growth opportunities.

 
 

   Total Funding: $193.1 M

   Funding Stage: Series D

   Business Stage: Scaling Up

   Market: B2B

   Company Size: 501 to 1000

   Founded: 2015

 
 

Date

Round

$ Raised

Investors

09/30/2021

Series F

$207M

Tiger Global Management

Date : 09/30/2021

Round: Series F

$ Raised: $207M

Investors: Tiger Global Management

08/02/2021

Series E

$160M

CMC Capital Group, Matrix Partners India, Falcon Edge Capital

Date : 08/02/2021

Round: Series E

$ Raised: $160M

Investors: CMC Capital Group, Matrix Partners India, Falcon Edge Capital

04/08/2021

Series D

$110M

Creation Investments Capital Management, LLC, Falcon Edge Capital, Matrix Partners India, Norwest Venture Partners

Date : 04/08/2021

Round: Series D

$ Raised: $110M

Investors: Creation Investments Capital Management, LLC, Falcon Edge Capital, Matrix Partners India, Norwest Venture Partners

 

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Asish Mohapatra


Asish Mohapatra
Co-Founder & CEO

Ruchi Kalra


Ruchi Kalra
Cofounder and CFO

Bhuvan Gupta


Bhuvan Gupta
Cofounder and CTO

Vasant Sridhar


Vasant Sridhar
Cofounder & CSO

Nitin Jain


Nitin Jain
Co-Founder

 
 

OfBusiness is growing. Want to work at OfBusiness? OfBusiness is hiring. Join team at OfBusiness

 

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