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OXYZO FY24
ET Startup Awards 2025 | Social Enterprise: Chakr clears air on ways to tackle our pollution woesFor cofounder and chief executive Kushagra Srivastava, the problem of air pollution is personal. Having grown up in Delhi, he said the vent...- Gensol’s default; Ola’s dismal Q4Happy Friday! Gensol Engineering has failed to make repayments on bonds that used BluSmart taxis as collateral. This and more in today’s ET...
- 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...
- 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...
- Prosus invests $80 million in supply chain finance startup Mintifi for 10.6% stakeProsus has invested around $80 million for a 10.6% stake in Mintifi, a leading Indian supply chain finance fintech. Mintifi partners with c...
- Govt for fair AI development; Google in CCI crosshairsHappy Friday! The government is leading multiple projects to foster responsible growth of AI. This and more in today’s ETtech Morning Dispa...
- 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...
- 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...
- 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...
- Top startup & tech stories this weekWelcome to a brand new edition of ETtech Unwrapped – our weekend newsletter. The week was packed with important stories broken by our repor...
- Stripe pulls back from India; Oxyzo FY24 resultsCiting stricter regulatory requirements, US payments major Stripe has shifted to an ‘invite only’ mode in India. This and more in today’s E...
- 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...
- Crypto regulation on G20 Summit agenda; Nazara bags Rs 410 crore from SBI Mutual FundAs India gears up to host the G20 Summit from Friday, cryptocurrency is expected to be an important topic of discussion at the high table, ...
- Supply chain financing startup Mintifi raises $110 million in funding led by Premji InvestAccording to Mintifi, it will use a large part of the current raise to expand its loan book, and focus on growth of disbursals on its platf...
- Early-stage deals in India more than doubled to $2 billion in Q1 2022: reportTotal funding in the first quarter of FY22 was up nearly 80% year-on-year (YoY) to $9.2 billion from $5.1 billion in the same quarter last ...
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