OfBusiness Overview
- Year Founded
-
2015

- Status
-
IPO Registration
- Employees
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1,074

- Latest Deal Type
-
IPO
- (Announced)
- Investors
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26
OfBusiness General Information
Description
Operator of a tech-enabled platform intended to facilitate raw material procurement and credit for small and medium enterprises. The company's platform serves as a window that integrates technology into small and medium enterprises' buying behavior to make available products in a timely manner to customers with comprehensive online and offline support, enabling businesses to focus on the manufacturing and infrastructure sectors and get their products in time.
Contact Information
Website
www.ofbusiness.comCorporate Office
- 6th, Tower A, Global Business Park
- Near Guru Dronacharya Metro Station
- Gurugram, Haryana 122002
- India
Corporate Office
- 6th, Tower A, Global Business Park
- Near Guru Dronacharya Metro Station
- Gurugram, Haryana 122002
- India
OfBusiness Timeline
OfBusiness Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
19. IPO | 03-Sep-2024 | Announced | Profitable | |||
18. Secondary Transaction - Private | Upcoming | Profitable | ||||
17. Later Stage VC | 16-Apr-2025 | Completed | Profitable | |||
16. Secondary Transaction - Private | Completed | Profitable | ||||
15. Later Stage VC | Cancelled | Profitable | ||||
14. Later Stage VC (Series G) | 20-Dec-2021 | Completed | Profitable | |||
13. Later Stage VC (Series F) | 30-Sep-2021 | Completed | Profitable | |||
12. Later Stage VC (Series E) | 31-Jul-2021 | Completed | Generating Revenue | |||
11. Secondary Transaction - Private | 02-Jun-2021 | $35M | Cancelled | Generating Revenue | ||
10. Later Stage VC (Series D2) | 12-Apr-2021 | $110M | $508M | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
OfBusiness Comparisons
Industry
Financing
Details
OfBusiness Competitors (24)
One of OfBusiness’s 24 competitors is Vinculum Group, a Venture Capital-Backed company based in Noida, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Vinculum Group | Venture Capital-Backed | Noida, India | ||||
Aahaa Technologies | Venture Capital-Backed | Chennai, India | ||||
Instamojo | Venture Capital-Backed | Bangalore, India | ||||
KobZa | Venture Capital-Backed | Chennai, India | ||||
Bizongo | Venture Capital-Backed | Mumbai, India |
OfBusiness Signals
OfBusiness Investors (26)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Cornerstone Ventures | Impact Investing | Minority | ||
Maheshwari Investors | Venture Capital | Minority | ||
Marshall Wace | Hedge Fund | Minority | ||
Panthera Growth Partners | Growth/Expansion | Minority | ||
Patni Financial Advisors | PE/Buyout | Majority |
OfBusiness Investments & Acquisitions (6)
OfBusiness’s most recent deal was a Seed Round with Bidso for . The deal was made on 08-Aug-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Bidso | 08-Aug-2023 | Seed Round | Media and Information Services (B2B) | ||
Koeleman India | 11-Apr-2023 | Merger/Acquisition | Food Products | ||
FS Life | 22-Sep-2022 | Later Stage VC | Clothing | ||
Tracecost | 27-Jul-2022 | Corporate | Business/Productivity Software | ||
SMW Ispat | 25-Mar-2022 | Merger/Acquisition | Iron and Steel Mining |
OfBusiness Affiliates
Subsidiaries (2)
Name | Industry | Location | Year Founded |
---|---|---|---|
SMW Ispat | Wardha, India | 2004 | |
Koeleman India | Bangalore, India | 1996 |
OfBusiness FAQs
-
When was OfBusiness founded?
OfBusiness was founded in 2015.
-
Where is OfBusiness headquartered?
OfBusiness is headquartered in Gurugram, India.
-
What is the size of OfBusiness?
OfBusiness has 1,074 total employees.
-
What industry is OfBusiness in?
OfBusiness’s primary industry is Media and Information Services (B2B).
-
Is OfBusiness a private or public company?
OfBusiness is a Private company.
-
What is OfBusiness’s current revenue?
The current revenue for OfBusiness is
. -
How much funding has OfBusiness raised over time?
OfBusiness has raised $1.21B.
-
Who are OfBusiness’s investors?
Cornerstone Ventures, Maheshwari Investors, Marshall Wace, Panthera Growth Partners, and Patni Financial Advisors are 5 of 26 investors who have invested in OfBusiness.
-
Who are OfBusiness’s competitors?
Vinculum Group, Aahaa Technologies, Instamojo, KobZa, and Bizongo are some of the 24 competitors of OfBusiness.
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