Gurugram-based OfBusiness is a fintech startup offering smart financing options to small and medium enterprises (SMEs).

Basic Information

Ofbusiness focuses on lending to small and medium businesses (SMEs), and provides unsecured credit of up to Rs 2 crore through NBFC - Oxyzo Financial Services. It has also inked a partnership with Tata Capital and AU Small Finance Bank. The company has been funded by Norwest Venture Partners, InnoVen Capital, Creation Investments Capital Management, Kotak Mahindra Bank, and Zodius Capital. See more

Legal Name

:

OfB Tech Pvt Ltd

Headquarters

:

New Delhi, Delhi, India

Business Model

:

B2B 

Founding Date

:

2015

No. of Employees

:

501 to 1000

Core Team

:
1.

Bhuvan Gupta

Co-founder & CTO

2.

Vasant Sridhar

Co-Founder

3.

Ruchi Kalra

Co-Founder & CFO

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Funding

Total Funding

$678.8M

Investors

:

1.

Zodius Capital

2.

Norwest Venture Partners

3.

Matrix Partners

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Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8

$5M

Series Name

:

SERIES-A

Date

:

24th Feb 2016

Investors

:
1.

Matrix Partners India