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OXYZO FUND MANAGEMENT
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 Financial Services FY26 net profit rises 11% to Rs 375 crore, on 23% revenue jumpThe profitable fintech lender is looking to widen its debt-market play through the acquisition of Rainmatter-backed GoldenPi Technologies, ...
- OfBusiness lending arm Oxyzo to acquire GoldenPi Tech, enter retail fixed income marketGurugram-based Oxyzo Financial Services, the financial arm of OfBusiness, is set to acquire online bond distribution platform GoldenPi Tech...
- OpenAI’s 'sloppy' Pentagon pact; Sedemac IPO to mint gainsSam Altman admitted that OpenAI swooping in for a deal with the Pentagon after the Anthropic controversy was “opportunistic”. This and more...
- 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 ...
- 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 ...
- 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...
- 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...
- 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 ...
- 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...
- 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,...
- 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...
- Agri-focussed cleantech Ecozen closes $25 million in new funding roundEarly investors Omnivore and IFA Fund scored partial exits with the new funding round. They had invested $6 million in Ecozen’s Series A ro...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- BigBasket set to launch one-hour delivery; Zomato’s 10-min plan ruffles feathersThe service will be launched next month and will be powered by the company’s 62 dark stores, cofounder and chief executive Hari Menon told ...
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