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OfBusiness raises $160 mn funding led by SoftBank, turns unicorn

TMT

02 August, 2021

OfBusiness raises $160 mn funding led by SoftBank, turns unicorn

Gurugram headquartered OFB Tech, which owns and operates OfBusiness, is the latest business-to-business (b2b) commerce platform to enter the unicorn ......

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Weekly Deal Wrap: Urban Co joins unicorn pool, GIC strikes two deals

Finance

04 June, 2021

Weekly Deal Wrap: Urban Co joins unicorn pool, GIC strikes two deals

The opening week of June saw over $1.6 billion change hands across venture capital, private equity and merger and acquisition ......

OfBusiness turns unicorn with $150 mn funding led by SoftBank Vision Fund 2

TMT

03 June, 2021

OfBusiness turns unicorn with $150 mn funding led by SoftBank Vision Fund 2

OfBusiness is set to raise up to $150 million (Rs 1093 crore) from SoftBank Vision Fund 2 in a funding ......

Falcon Edge Capital leads funding round in SME lender OfBusiness

TMT

08 April, 2021

Falcon Edge Capital leads funding round in SME lender OfBusiness

New York-based hedge fund Falcon Edge Capital has led an investment of $110 million (Rs 817 crore) in SME financing ......

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Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Finance

24 September, 2019

Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Multi-stage investment firm Norwest Venture Partners has written its single-biggest cheque to an Indian startup, backing an Indian fintech company ......

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Ola investor Falcon Edge Capital floats India fund

Finance

25 January, 2019

Ola investor Falcon Edge Capital floats India fund

Falcon Edge Capital, a New York-based hedge fund that has invested in cab-hailing firm Ola and online classifieds firm Quikr, ......

Creation Investments, Falcon Edge lead Series C funding round in OfBusiness

TMT

18 July, 2018

Creation Investments, Falcon Edge lead Series C funding round in OfBusiness

OFB Tech Pvt. Ltd, which operates fin-tech platform OfBusiness, has secured $29 million (Rs 200 crore) in a Series C ......

OfBusiness co-founder Ruchi Kalra on how women entrepreneurs can beat the odds

Startups

03 November, 2017

OfBusiness co-founder Ruchi Kalra on how women entrepreneurs can beat the odds

IIT-Delhi and Indian School of Business alumna Ruchi Kalra is one of a handful of women entrepreneurs in India’s startup ......

Matrix-backed OfBusiness raises Rs 25 crore in debt funding from Kotak Mahindra

TMT

27 October, 2017

Matrix-backed OfBusiness raises Rs 25 crore in debt funding from Kotak Mahindra

Gurgaon-based OFB Tech Pvt. Ltd, which operates fin-tech platform OfBusiness, has secured Rs 25 crore ($3.8 million) in debt funding ......

Why digital lenders must have unit profitability on mind from day one

Finance

26 October, 2017

Why digital lenders must have unit profitability on mind from day one

The fin-tech sector in India has gained a lot of traction in recent years with many players emerging in payments, ......