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OFBUSINESS IPO PLANS
SoftBank-backed OfBusiness is said to explore reviving IPOBeyond SoftBank, backers also include Tiger Global Management, Norwest Venture Partners, Matrix Partners, and Falcon Edge Capital, accordin...- SoftBank-backed OfBusiness revives IPO plans, eyes up to $800 million issueSoftBank-backed OfBusiness is reviving its IPO plans, aiming to raise up to $800 million through a mix of fresh issue and offer for sale am...
- Zepto may defer IPO; Festive carts go premiumHappy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and more in today’s ETtech Morning Dispat...
- Zepto may hit pause on IPO; BigBasket’s losses riseQuick commerce company Zepto may defer its listing plans as negotiations over its valuation hit a roadblock. This and more in today’s ETtec...
- JSW One eyes IPO in 18-24 months, targets break-even this fiscalJSW One Platforms, the B2B ecommerce arm of JSW Group, is gearing up for an IPO in the next 18-24 months, following in the footsteps of pee...
- Lender Oxyzo’s revenue rises 34% to Rs 1,207 crore in FY25; net profit up 17%Oxyzo Financial Services, the lending arm of OfBusiness, witnessed a 33.6% surge in operating revenue, reaching Rs 1,207 crore in FY25, fue...
- B2B ecommerce startup OfBusiness raises Rs 100 crore from Cornerstone VenturesIPO-bound OfBusiness converted itself into a public entity in January this year, a crucial step before going public. The SoftBank and Z47-b...
- Potential for SMEs to contribute up to 50% of GDP through AI, tech transformation: OfBusiness"AI and technology transformation can scale-up SMEs production and then reach to 50% contribution to the GDP from the current 30%, and enha...
- Zetwerk readies draft IPO papers within six months for $400-500 million IPOZetwerk, a $3 billion startup, plans an IPO to raise $400-500 million, targeting a $5 billion valuation. The company focuses on in-house ma...
- OfBusiness converts into public limited companyShareholders of OfBusiness’s parent company, Ofb Tech, have approved a plan to convert it into a public limited company. This change is a n...
- Zodius exits OfBusiness with $100 million; Z47 may part-sell shares tooZodius Capital has bagged more than $100 million in returns on its initial $8 million investment in OfBusiness in late 2016, said Gautam Pa...
- Hero MotoCorp’s EV plans; Infy’s delayed fresher onboardingHero MotoCorp has picked up a stake in electric three-wheeler maker Altigreen Propulsion Labs. This and more in today’s ETtech Top 5.
- SoftBank-backed OfBusiness plans up to $1 billion India IPO, exec saysOfBusiness, an Indian shopping website backed by SoftBank, plans a $1 billion IPO in the second half of 2025. The company is in talks with ...
- SoftBank-backed OfBusiness plans up to $1 billion India IPO, executive saysThe company is in active talks with Bank of America, Citi, JP Morgan and Morgan Stanley to manage the offer and plans to list on the Indian...
- OfBusiness FY23 operating revenue doubles to Rs 15,432 crore; profit at Rs 463 croreFounded in 2015 by Asish Mohapatra, Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta and Nitin Jain, OfBusiness serves as a marketplace for small ...
- Mamaearth parent sets IPO price band; Meta's ad biz boosts Q3 profitsMamaearth parent Honasa Consumer has set a price band of Rs 308-324 per share for its upcoming initial public offering (IPO). This and more...
- ETSA 2023 | OfBusiness seeks ‘high’ of having its ticker on exchangesWinner of the prestigious Startup of the Year award at the Economic Times Startup Awards 2023, business-to-business (B2B) ecommerce platfor...
- 70 investors rejected an idea. It has become a unicorn and helped create anotherHandling two tough services of fulfilment and finance, the growth story of OfBusiness and Oxyzo is all about skill, hard work and determina...
- OfBusiness in talks with SoftBank to raise funds at $1.2 billion valuationSoftBank is likely to invest anywhere between $100 million and $150 million in OfBusiness in an all-primary funding round, making the B2B e...
- OfBusiness parent raises $110 million at $800 million valuationOfBusiness, which procures raw material for manufacturing and infrastructure sectors, plans to go for an IPO in two years’ time and has bee...
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