OFB Tech Overview
- Year Founded
-
2015
- Status
-
IPO Registration
- Employees
-
17,000
- Latest Deal Type
-
IPO
- (Announced)
- Investors
-
7
OFB Tech 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 & 7th Floors, Tower A, Global Business Park
- Beside Guru Dronacharya Metro Station
- Gurugram, Haryana 122002
- India
Corporate Office
- 6th & 7th Floors, Tower A, Global Business Park
- Beside Guru Dronacharya Metro Station
- Gurugram, Haryana 122002
- India
OFB Tech Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 20. IPO | 05-Aug-2026 | Announced | Profitable | |||
| 19. Secondary Transaction - Private | Upcoming | Profitable | ||||
| 18. IPO | 03-Sep-2024 | Cancelled | 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 | $160M | $601M | Completed | Generating Revenue | |
| 11. Secondary Transaction - Private | 02-Jun-2021 | $35M | Cancelled | Generating Revenue |
VC Exit Predictor
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Opportunity Score
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Exit Type
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OFB Tech Comparisons
Industry
Financing
Details
OFB Tech Competitors (29)
One of OFB Tech’s 29 competitors is Instamojo, a Venture Capital-Backed company based in Bangalore, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Instamojo | Venture Capital-Backed | Bangalore, India | ||||
| Power2SME | Venture Capital-Backed | Gurugram, India | ||||
| INDIABIZ | Venture Capital-Backed | Ahmedabad, India | ||||
| Aahaa Technologies | Venture Capital-Backed | Chennai, India | ||||
| Vinculum (Business/Productivity Software) | Venture Capital-Backed | Noida, India |
OFB Tech Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
OFB Tech Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Marshall Wace | Hedge Fund | Minority | ||
| SoftBank Group | Holding Company | Minority | ||
| Tiger Global Management | Venture Capital | Minority | ||
| Norwest | Venture Capital | Minority | ||
| Alpha Wave Global | Growth/Expansion | Minority |
OFB Tech Investments & Acquisitions (9)
OFB Tech’s most recent deal was a Secondary Transaction - Private with Indian Designs. The deal was made on 08-Dec-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Indian Designs | 08-Dec-2025 | Secondary Transaction - Private | Clothing | ||
| Indian Designs | 04-Jun-2025 | Merger/Acquisition | Clothing | ||
| Elixir Extracts | 09-Apr-2025 | Merger/Acquisition | Other Consumer Non-Durables | ||
| Bidso India | 08-Aug-2023 | Seed Round | BPO/Outsource Services | ||
| Koeleman India | 11-Apr-2023 | Merger/Acquisition | Food Products |
OFB Tech Affiliates
Subsidiaries (4)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Sangam Steel | Nagpur, India | 2004 | |
| Elixir Extracts | Muvattupuzha, India | 2003 | |
| Koeleman India | Bangalore, India | 1996 | |
| Indian Designs | Bangalore, India | 1993 |
OFB Tech FAQs
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When was OFB Tech founded?
OFB Tech was founded in 2015.
-
Where is OFB Tech headquartered?
OFB Tech is headquartered in Gurugram, India.
-
What is the size of OFB Tech?
OFB Tech has 17,000 total employees.
-
What industry is OFB Tech in?
OFB Tech’s primary industry is Media and Information Services (B2B).
-
Is OFB Tech a private or public company?
OFB Tech is a Private company.
-
What is OFB Tech’s current revenue?
The current revenue for OFB Tech is .
-
How much funding has OFB Tech raised over time?
OFB Tech has raised $1.14B.
-
Who are OFB Tech’s investors?
Marshall Wace, SoftBank Group, Tiger Global Management, Norwest, and Alpha Wave Global are 5 of 7 investors who have invested in OFB Tech.
-
Who are OFB Tech’s competitors?
Instamojo, Power2SME, INDIABIZ, Aahaa Technologies, and Vinculum (Business/Productivity Software) are some of the 29 competitors of OFB Tech.
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