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OXYZO MARKETPLACE BUSINESS
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, ...
ET Startup Awards 2025 | Urban Company brings it home, bags top honoursThe 10-member jury, chaired by Amitabh Kant, India’s former G20 Sherpa, recognised Urban Company’s scale, category leadership and ability t...
India mints only five unicorns so far; investors say 2021-style boom unlikely to returnBesides macroeconomic uncertainty and geopolitical issues, investors turned more cautious after the exuberant period of 2021, prioritising ...
Govt for fair AI development; Google in CCI crosshairsHappy Friday! The government is leading multiple projects to foster responsible growth of AI. This and more in today’s ETtech Morning Dispa...
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 ...
Mamaearth parent sets IPO price band; Meta's ad biz boosts Q3 profitsMamaearth parent Honasa Consumer has set a price band of Rs 308-324 per share for its upcoming initial public offering (IPO). This and more...
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...
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...
ET Startup Awards 2023: Nominees for Woman AheadNominees in this category must be CEOs at their startups, unless there is no one with a CEO designation. The women up for this year's award...
Tata Sons to commit more funds for growth of B2B digital unitThe entity, Tata Business Hub, which offers business solutions under the Nexarc brand, is led by veteran Tata Consultancy Services executiv...
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...
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...
Parliamentary panel calls for ecommerce equality; AlphaSense rakes in $225MIndia’s ecommerce rules should not discriminate between Indian and foreign-owned companies on issues, said the parliamentary panel in a rep...
ETtech Deals Digest: big-ticket funding is aliveShareChat and AlphaSense were the startups that raised the biggest funding this week.
Banks press on with tokenisation; ShareChat valued at $5 billion in new financingBanks and payment aggregators say their systems will be ready before the June 30 deadline. But other stakeholders, including ecommerce comp...
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 turns unicorn post SoftBank-led $160 million fundingB2B commerce startup valued at $1.5 billion; New capital to be used for acquisition, expansion