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OFBUSINESS REVENUE GROWTH
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...17 Apr, 2025, 05.31 PM IST- 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...17 Oct, 2024, 10.00 AM IST
- Lendingkart’s cash crisis; Zodius exits OfBusinessHappy Thursday! Cash-strapped Lendingkart is staring at a massive valuation cut. This and more in today’s ETtech Morning Dispatch.17 Oct, 2024, 08.02 AM IST
- OfBusiness FY24 operating revenue up 26% on year to Rs 19,296 croreFor FY24, OfBusiness reported Rs 19,296.27 crore revenue (up 25.7%) and Rs 602.97 crore profit (up 30%). Total expenses rose due to stock-i...08 Jul, 2024, 08.01 PM IST
- More incentives for EVs; online discount bonanza coming upIndia’s new EV policy may be amended to include incentives for automakers who already have a presence in the country. This and more in toda...08 Jul, 2024, 07.45 PM IST
- Oxyzo FY24 operating revenue up 59% to Rs 903 crore, net profit at Rs 290 croreOxyzo Financial Services, the lending arm of OfBusiness, reported a 59% increase in operating revenue to Rs 903 crore for FY24. The company...31 May, 2024, 04.11 PM IST
- 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 ...26 Oct, 2023, 09.06 PM IST
- 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...26 Oct, 2023, 07.48 PM IST
- 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...05 Oct, 2023, 06.00 AM IST
- 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...14 Sep, 2023, 06.00 AM IST
- ET Startup Awards 2023: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...11 Sep, 2023, 12.52 PM IST
- Snacking startup Kikibix raises $300K from founders of nine unicorns, VCsFounded by paediatrician Ridhi Kaur in 2022, the company makes cookies in flavours such as Cranberry Oats, Gur Chana, Ragi Mocha, Coconut, ...31 Mar, 2023, 03.50 PM IST
- 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...22 Dec, 2022, 10.14 AM IST
- 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...12 Apr, 2022, 04.31 PM IST
- OfBusiness turns unicorn post SoftBank-led $160 million fundingB2B commerce startup valued at $1.5 billion; New capital to be used for acquisition, expansion31 Jul, 2021, 06.00 AM IST
- 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...08 Apr, 2021, 08.41 AM IST
- New funding avenues open up for enterprising startupsGetVantage, Spring Marketing, Drip Capital, OfBusiness and 100x.vc, as well as corporate investment arms Next47 and Sony Innovation Fund, a...21 Jan, 2020, 09.42 PM IST
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