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OFBUSINESS PUBLIC COMPANY
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...- SoftBank-backed OfBusiness’ FY26 revenues fall 7%Revenue declined as OfBusiness exited low-return commerce categories and discontinued some operations, prioritising deeper manufacturing in...
- Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fundAnkur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aamir Zeb, they said. The fund, which ...
- Instant help burn rises; TCS kicks off Q1 earningsInstant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch.
- Fintechs bet big on corporate bonds as retail participation surgesRetail investors are increasingly participating in corporate bonds, with monthly investments surging to Rs 1,500-2,000 crore. This growth i...
- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- Oxyzo enters fund management, launches performing credit fundOxyzo Financial Services, the lending arm of OfBusiness, has launched Oxyzo Credit Fund I through Oxyzo Investment Manager. The performing ...
- 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...
- 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...
- Oxyzo Financial Services Q2 operational revenue up 8%, net profit at Rs 82 croreThe loan book of the NBFC arm of OfBusiness climbed to Rs 6,850 crore by the end of the September quarter from Rs 6,600 crore at the end of...
- 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...
- 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...
- ET Startup Awards 2023: OfBusiness profits at scale to bag top prizeThe eleven-member jury chose the B2B venture, which is currently valued at about nearly $5 billion, over eyewear retailer Lenskart in a clo...
- OfBusiness is seeking $2 billion in India’s biggest tech IPO since PaytmOfBusiness, a startup founded by entrepreneurs Ruchi Kalra and Asish Mohapatra to help Indian enterprises buy bulk raw materials, could fil...
- India’s ‘unicorn couple’ aim for first startup IPO within a yearOfBusiness, a supplier of raw materials from steel to chemicals to small businesses, could go for an initial public offering in six months ...
- OfBusiness valued at nearly $5 billion after $325 million in new fundingOfBusiness cofounder and CEO Asish Mohapatra said the startup will use the new capital to penetrate deeper into supply chain on the commerc...
- 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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