OfBusiness: Funding, Investors & Team (Sep 2026)
OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus on the manufacturing and infrastructure sectors. It integrates technology to SME's buying behavior to make available better products, at better prices, in better timelines to customers with comprehensive online and offline support. Key raw materials include metals, chemicals, polymers, Agri commodities, petrochemicals, and building materials. OfBusiness provides SMEs access to cash flow-based financing for buying raw materials through its NBFC 'Oxyzo Financial Services'. The Company also offers a host of tech services for SMEs including BidAssist for new growth opportunities.
OfBusiness has raised $295M across 2 funding rounds on record, the most recent a Series G of $185M announced in Dec 2021.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
OfBusiness Company Profile and Key Stats
Latest funding round on record: Dec 2021.
OfBusiness Funding Rounds
OfBusiness raised $110M in a Series D announced in Apr 2021.
8 months later, a Series G of $185M was announced in Dec 2021.
OfBusiness Founders and Leadership Team
Contact details for the OfBusiness team: 1 of 1 has an email address on file.
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OfBusiness' latest round of $185M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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OfBusiness Funding FAQs
What does OfBusiness do?
OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus on the manufacturing and infrastructure sectors. It integrates technology to SME's buying behavior to make available better products, at better prices, in better timelines to customers with comprehensive online and offline support. Key raw materials include metals, chemicals, polymers, Agri commodities, petrochemicals, and building materials. OfBusiness provides SMEs access to cash flow-based financing for buying raw materials through its NBFC 'Oxyzo Financial Services'. The Company also offers a host of tech services for SMEs including BidAssist for new growth opportunities.
How much funding has OfBusiness raised?
OfBusiness has raised $295M across 2 rounds on record. The most recent is a Series G of $185M announced in Dec 2021.
When did OfBusiness last raise funding?
OfBusiness' most recent funding round on record is a Series G of $185M, announced in Dec 2021.
Who is the CEO of OfBusiness?
Asish Mohapatra is listed as CEO at OfBusiness.
Where is OfBusiness headquartered?
OfBusiness is based in Gurgaon, Haryana, India.
How many employees does OfBusiness have?
OfBusiness is in the 501-1000 employee band.
How does OfBusiness' funding compare to other Financial Services startups?
OfBusiness' latest round of $185M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's OfBusiness Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for OfBusiness is left off this page rather than filled in.
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