OfBusiness

Spurring Small and Medium to Large

Ahmedabad, India · Founded 2015 · $685.0M raised

Headquarters
Ahmedabad, Haryana
Employees
10001+
Founded
2015
Business Model
B2B
Total Funding
$685.0M
Last Round
$325.0M Series G+Dec 2021
Rounds
9

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

OfBusiness is a tech-enabled B2B commerce and fintech platform serving SMEs in India's manufacturing and infrastructure sectors. It provides integrated raw material procurement across categories like steel, chemicals, polymers, and cement alongside financing through its NBFC arm, Oxyzo Financial Services. The platform aggregates buyer demand to unlock bulk pricing and offers BidAssist, a SaaS tool for public procurement opportunities.

Summary

OfBusiness is a Fintech company based in Ahmedabad, India, founded in 2015. It has raised $685.0M in total across 9 rounds, most recently a $325.0M Series G+ round in Dec 2021. Investors include SoftBank, Cornerstone Ventures and Alpha Wave Ventures.

Tech & App Stack

7 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Debt FinancingPre-IPO FundingApr 2025
$12.0M

Sign up to see all 11 events

Funding: Seed through Series G+. Amounts, valuations, and investors where available.

Investors

Similar Companies

GrabIPO

Grab is Southeast Asia's leading super-app, providing ride-hailing, food and grocery delivery, di...

Singapore, Singapore10001+Fintech, Logistics
Series G+Total funding$8.4BJun 2018
Rappi

Rappi provides an on-demand platform where customers order restaurant meals and supermarket goods...

Bogotá, Colombia1001–5000Delivery, Fintech
ConvertibleTotal funding$2.3BJan 2025
Gojek

Indonesia's leading on-demand super-app offering ride-hailing, food delivery, logistics, payments...

Jakarta, Indonesia5001–10000Delivery, E-Commerce
Corporate RoundTotal funding$7.6BMay 2021
CruiseClosed

Self-driving cars.

San Francisco, United States1001–5000Artificial Intelligence, Autonomous Vehicles
Growth EquityTotal funding$6.9BJan 2021
Kavak Holdings Limited

Kavak helps customers buy, sell, and finance certified pre-owned cars through its e-commerce plat...

Mexico City, Mexico1001–5000Automotive, E-Commerce
Series FTotal funding$2.0BFeb 2026
OpendoorIPO

Opendoor provides homeowners with online cash offers and flexible closings, while enabling buyers...

Tempe, United States1001–5000Fintech, Marketplace
Series FTotal funding$1.6BMar 2019

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

OfBusiness on Indexed.vc
<a href="https://indexed.vc/companies/ofbusiness"><img src="https://indexed.vc/api/badge/company/ofbusiness" alt="OfBusiness on Indexed.vc" width="260" height="76" /></a>