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OFBUSINESS UNICORN
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...- 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 ...
- Procurement-tech firm 1Buy.ai raises Rs 32 crore led by 100 UnicornsVisham Sikand had sold data analytics firm Goals101 to the infrastructure firm M2P Fintech for around $30 million in 2023. While Sikand was...
- 11 startups join unicorn club in 2025; Bengaluru remains biggest hub in India: Hurun reportThe most valuable unicorns include Zerodha at $8.2 billion, Razorpay and Lenskart at $7.5 billion each, and Groww at $7 billion. These comp...
- 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...
- 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...
- Snacking startup Kikibix raises $300K from founders of nine unicorns, VCsFounded by paediatrician Ridhi Kaur in 2022, the company makes cookies in flavours such as Cranberry Oats, Gur Chana, Ragi Mocha, Coconut, ...
- 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...
- ET Startup Awards 2022: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
- 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 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...
- B2B ecommerce startup Moglix valued at $2.6 billion after $250 million of fundingFounded in 2015, Moglix works with manufacturing and infrastructure companies to help streamline their end-to-end supply chain, from procur...
- Indian startups raised $42 billion in 2021: reportIndia - with 90 unicorns - is the third-largest unicorn hub behind the US (487) and China (301), and ahead of the UK (39).
- 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...
- ETtech Deals Digest: The unicorn stampedeIndia minted another unicorn this week with edtech platform Vedantu becoming the 28th startup in 2021 to enter the coveted club of companie...
- Every second founder of a unicorn this year is an IITianEvery second founder of Indian startups that turned a unicorn this year is an alumnus of one of four oldest Indian Institutes of Technology...
- Most unicorn founders this year are IITiansAs many as 30 of the 58 founders of these are engineering graduates from the IITs of Delhi, Bombay, Kharagpur or Kanpur, according to a stu...
- 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...
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