OfBusiness, the fast-growing B2B marketplace for businesses in India, has just unveiled a game-changing AI-powered platform called Nexizo. This new platform aims to help small and medium-sized enterprises (SMEs) in the infrastructure and manufacturing sectors streamline their operations, discover market opportunities, and manage procurement more effectively. With its unique features and a focus on…
OfBusiness, the B2B marketplace unicorn, is preparing for a significant initial public offering (IPO) valued between $750 million and $1 billion. The company aims to launch the IPO in the second half of 2025 and is in the process of finalizing investment bankers to manage the public issue.
IPO Details and Investment Bankers
OfBusiness CFO Bhavesh Keswani revealed to Reuters that the startup is…
OfBusiness turned into the 18th startup to arrive at the unicorn achievement recently subsequent to raising $360 million in progressive rounds drove by Softbank and Tiger Global within a range of 2 months.
That makes it one of a handful of new businesses among the 39 that became unicorns this year. While it has multiplied its operating income, profit has flooded 72% during monetary ending March…
OfBusiness has brought $200 million up in its Series F round drove by Tiger Global, according to two sources mindful of the subtleties of the exchange. Existing investors SoftBank Vision Fund II and Falcon Edge Capital likewise participated in the round.
According to sources, the organization has raised the new round at a $3 billion valuation (post-cash). This is an outstanding flood in the…
Business to business e-commerce stage OfBusiness has raised a new round from SoftBank Vision Fund II and existing investor Alpha Wave Incubation. This is the second investment round for the Gurugram-based startup in 2021 which scooped up $110 million in a round led by Alpha Wave in April.
OfBusiness has allotted 41,675 of Series E CCPS at a face value of Rs 10 and a premium of Rs 28,3585.11 per…
