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 ...
03 Mar, 2026, 05.50 PM IST
Steel Exchange India gets Rs 350 cr refinancing facility from consortium of lendersSteel Exchange India has secured a Rs 350 crore refinancing facility from a consortium of financial institutions, including Kotak Mahindra ...
03 Oct, 2025, 03.01 PM IST
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...
29 May, 2025, 05.28 PM IST
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...
28 Nov, 2024, 07.25 PM 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
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...
31 May, 2024, 08.02 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
Lending company Oxyzo enters marketplace businessIn partnership with a clutch of banks, non-banking lenders, corporate houses and family offices, it is placing close to $200 million (Rs 1,...
25 Jul, 2023, 09.11 AM IST
No ‘continuous consent’ for apps; Byju’s $1.2 bn loan terms to be amendedThe government is planning to do away with the concept of ‘continuous consent’ for applications and digital services by making it mandatory...
25 Jul, 2023, 07.22 AM 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
Karbon Card raises Rs 55 crore debt finance from Northern Arc, UCIC and OxyzoUCIC, incubated by Unitus Capital, is an impact focussed non-banking financial company registered with Reserve Bank of India, while Oxyzo i...
17 May, 2022, 11.37 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 seeks CCI nod to acquire steel maker SMW IspatOfBusiness said in its application that the deal does not lead to any competition concerns irrespective of the manner in which the markets ...
25 Mar, 2022, 06.30 PM IST
ETtech Deals Digest: Oxyzo, FanCraze, Plum raise fundsOxyzo Financial Services, the lending arm of SoftBank-backed business-to-business (B2B) commerce startup OfBusiness, digital collectibles c...
25 Mar, 2022, 02.36 PM IST
OfBusiness financial services arm Oxyzo turns unicorn with maiden external fundingThe new financing was co-led by Alpha Wave Global and Tiger Global with participation from Norwest Venture Partners, Matrix Partners and Cr...
23 Mar, 2022, 02.28 PM IST
OfBusiness raises Rs 250 croreThe capital infusion comes at a time when the overall financial services sector has been under stress due to a liquidity squeeze.
25 Sep, 2019, 08.38 AM IST