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.

 

B2B

501 to 1000

Series D

$193.1 M

Scaling Up

2015

 
 

Financial Services
Application Software

Lower Rate of Interest
No Pre-Payment Charges

Increase Efficiency

 
 

Procurement
Finance
Service

Yes

Active

 
 

N/A


Digital Lending Services

Digital Lending Services

Financial Services Application

Financial Services Application


N/A

 

   Software


Java

Java

Spring

Spring

Hibernate

Hibernate

HTML5

HTML5

Google Analytics

Google Analytics


N/A

 
 

View All

Backend Developer - Java

Gurugram, Haryana

Assistant Manager/Manager - Sales

Ahmedabad, Gujarat

Product Manager

Gurugram, Haryana

Business Development Executive/Sr. Executive

Gurugram, Haryana

Business Development Executive/Sr. Executive

Faridabad, Haryana

 
 

10

3

$159 M

Company was founded 2015 and it took almost 6 years (Apr 2021) to raise first external round

 
 

Date

Round

$ Raised

Investors

09/30/2021

Series F

$207 M

Tiger Global Management, SoftBank, Alpha Wave Incubation

Date : 09/30/2021

Round: Series F

$ Raised: $207 M

Investors: Tiger Global Management, SoftBank, Alpha Wave Incubation

08/02/2021

Series E

$160 M

SoftBank Vision Fund, Matrix Partners, Falcon Edge

Date : 08/02/2021

Round: Series E

$ Raised: $160 M

Investors: SoftBank Vision Fund, Matrix Partners, Falcon Edge

04/08/2021

Series D

$110 M

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

Date : 04/08/2021

Round: Series D

$ Raised: $110 M

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

 
 
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