OfBusiness is a technology-driven SME financing platform. OfBusiness provides Smart Financing for SME’s by its technology driven platform through which SME’s can get quick access to working capital upto 2crores. It adds value to SME’s business beyond financing through its raw material fulfilment engine and new opportunities platform. The platform aggregates these materials and passes the aggregation benefits to the SMEs. Additionally, SMEs can use OfBusiness’ proprietary platform – BidAssist – to discover new growth opportunities across public and private tenders. It serves SME’s across the commanding heights of the India economy in Manufacturing and Infrastructure.
Total raised: $32.52M
Valuation: $4.5B
Investors 5
| Date | Name | Website |
| - | Zodius Cap... | zodius.com |
| - | Matrix Par... | matrixpart... |
| - | Titan Capi... | titancapit... |
| - | Norwest Ve... | nvp.com |
| - | Alpha Wave... | alphawaveg... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 20.08.2018 | Series C | $28.67M | - |
| 27.10.2017 | - | $3.85M | - |
Mentions in press and media 13
| Date | Title | Description | Source |
| 30.04.2024 | India in no 1 spot in terms of interest & capital: Niren... | Emphasising that the local arm of Norwest Venture Partners invested in India since 2005, Niren Shah,... | thehindubu... |
| 25.04.2024 | Norwest Closes 17th Fund At $3 Bn, India Continues To Be A F... | SUMMARY Called NVP 17, the multi-stage fund will invest in startups across sectors such as enterpris... | inc42.com/... |
| 03.04.2024 | Indian startups’ income from VC cash lying in bank deposits,... | India’s top technology startups generated high non-operating revenue for the second year in a row du... | vccircle.c... |
| 07.07.2023 | Visa Acquired Pismo For $1 Billion, Highlighting Fintech Ren... | Innovation has globalized. The best ideas come from anywhere and scale everywhere. getty | forbes.com... |
| 04.04.2022 | Meet the Fintechs in Financial Times’ Top 500 High-Growth AP... | The Financial Times (FT) has released its fourth annual ranking of growth champions in Asia-Pacific ... | fintechnew... |
| 19.12.2021 | India’s OfBusiness valued at $5 billion in $325 million fund... | OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small busines... | techcrunch... |
| 22.10.2021 | India’s OfBusiness in talks to raise new funds at over $4.5 ... | OfBusiness, an e-commerce startup that sells industrial goods and provides small businesses with cre... | techcrunch... |
| 30.09.2021 | Tiger Global backs India’s OfBusiness at $3 billion valuatio... | OfBusiness, a commerce startup that sells industrial goods and provides small businesses with credit... | techcrunch... |
| 11.03.2021 | High-Stakes: Matrix Partners India | High-stakes is a unique series that focuses on dissecting the investments of venture capital and pri... | vcbay.news... |
| 20.08.2018 | OfBusiness Raises INR 200 Crore in Series C Financing | OfBusiness, a Gurgaon, India – based technology enabled SME financing platform, raised INR 200 crore... | finsmes.co... |
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