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OfBusiness

E-Commerce · Gurugram, IN

B2B raw materials marketplace and lending unicorn.

Founders

Asish Mohapatra (India · ♂) — An IIT/ISB engineer who moved from McKinsey and venture investing at Matrix to co-found OfBusiness in 2015, building a B2B commerce and SME financing platform.
Ruchi Kalra (India · ♀) — A former McKinsey financial-services partner (and Mohapatra's wife) who co-founded OfBusiness in 2015 and went on to lead its lending arm Oxyzo into a unicorn.
Nitin Jain (India · ♂) — A former RBS structured-products trader who co-founded OfBusiness in 2015, leading its construction-materials business.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Dec 2021	Series D Plus OfBusiness raised $325M in a Series G led by Alpha Wave Ventures at a $5B valuation.	$325M
Jul 2021	Series D Plus B2B commerce platform OfBusiness became a unicorn with a $160M round led by SoftBank Vision Fund II at a ~$1.5B valuation.	$160M
Apr 2021	Series D Plus B2B marketplace OfBusiness raised a $110M Series D2 from Falcon Edge at an $800M valuation.	$110M

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OfBusiness has acquired SMW Ispat.

Data is community-curated and may be incomplete.