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OFBUSINESS IPO
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...- Infra.Market FY25 revenue jumps 27% to Rs 18,472 crore, profit falls 42%Infra.Market reported strong topline growth in FY25, with revenue rising sharply year-on-year, even as profitability weakened. Higher costs...
- 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...
- 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...
- Potential for SMEs to contribute up to 50% of GDP through AI, tech transformation: OfBusiness"AI and technology transformation can scale-up SMEs production and then reach to 50% contribution to the GDP from the current 30%, and enha...
- Zetwerk readies draft IPO papers within six months for $400-500 million IPOZetwerk, a $3 billion startup, plans an IPO to raise $400-500 million, targeting a $5 billion valuation. The company focuses on in-house ma...
- 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...
- OfBusiness unveils AI-enabled digital platform Nexizo to drive B2B commerceAs OfBusiness prepares for a potential $1 billion IPO next year, the launch of Nexizo.AI marks a strategic step toward building a vertical ...
- 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...
- SoftBank's Masayoshi Son engages with portfolio executives in India; PM meet on agendaSoftBank CEO Masayoshi Son's India visit includes meetings with PM Modi and Mukesh Ambani, highlighting India's importance. Son's trip foll...
- 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...
- Hero MotoCorp’s EV plans; Infy’s delayed fresher onboardingHero MotoCorp has picked up a stake in electric three-wheeler maker Altigreen Propulsion Labs. This and more in today’s ETtech Top 5.
- SoftBank-backed OfBusiness plans up to $1 billion India IPO, exec saysOfBusiness, an Indian shopping website backed by SoftBank, plans a $1 billion IPO in the second half of 2025. The company is in talks with ...
- SoftBank-backed OfBusiness plans up to $1 billion India IPO, executive saysThe company is in active talks with Bank of America, Citi, JP Morgan and Morgan Stanley to manage the offer and plans to list on the Indian...
- Titan Capital closes Rs 200-crore fund to double down on existing portfolio startupsTitan Capital, founded by Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund. The company aims to focus on its existing ...
- 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 ...
- 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...
- 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 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...
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