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OFBUSINESS FUNDING
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...
- Bajaj Finserv leads Rs 80 crore funding in NowPurchaseThe round also saw participation from individual investors and family offices, including Shikhar Raj of the venture capital firm S Four Cap...
- 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 ...
- OfBusiness cofounder Nitin Jain quits; to start up in the manufacturing spaceJain, along with Asish Mohapatra, Ruchi Kalra, Vasant Sridhar and Bhuvan Gupta, had started OfBusiness in 2015. The company offers a divers...
- 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...
- 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...
- 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 ...
- 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...
- 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 ...
- 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...
- 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 valuation nearly doubles to $3 billion after Tiger Global-led fundingOfBusiness cofounder and chief executive Asish Mohapatra told ET that both SoftBank and Falcon Edge-managed Alpha Wave have participated in...
- OfBusiness turns unicorn post SoftBank-led $160 million fundingB2B commerce startup valued at $1.5 billion; New capital to be used for acquisition, expansion
- 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...
- SME lender OfBusiness bags Rs 200 crore in Series CThis takes the total amount raised by the Gurugram-headquartered company to Rs 500 crore, as a mixture of both debt and equity.
- OfBusiness raises $5 million from Matrix Partners India-led round of fundingOfBusiness claims it is dealing largely with big-ticket orders along with providing its own logistics to sellers on its platform.
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