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OFBUSINESS
OfBusiness
B2B commerce / raw-material procurement and SME lending · Gurugram, Haryana · India · Founded · 2015

OfBusiness — Valuation, Funding & Investors

Private

OfBusiness, headquartered in India, remains privately held in the b2b commerce / raw-material procurement and sme lending space. Its latest valuation stands at $5B (post-money). Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
OfBusiness at a glance
Last valuation
$5B
POST-MONEY · APR 2025
Raised across rounds
$462.8M
6 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

OfBusiness valuation history

4 valuations. The latest, $5B post-money, was set by the Latest Round in Apr 2025.

$5B
Apr 2021
$800M
funding round (~April 2021) · post-money
Sep 2021
$3B
funding round (~September 2021) · post-money
+275% vs prior valuation
Oct 2021
$4.5B
funding round in talks (Falcon Edge-led) · post-money
+50% vs prior valuation
Apr 2025
$5BLATEST
Latest Round · post-money
+11% vs prior valuation
Latest valuation
$5Bpost-money
Set by the Latest Round · 1 Apr 2025
×6.2since the $800M funding round (~April 2021) in Apr 2021
Valuations
4
Priced rounds with a valuation
Event type
Primary round
The Latest Round · $11.7M raised
Funding history

OfBusiness funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Feb 2016
$5M
—
Matrix Partners India
—
Series B
Dec 2016
$11.1M
—
Zodius Capital
—
funding round (~April 2021)
Apr 2021
$110M
$800M
Alpha Wave Global
—
funding round (~September 2021)
Sep 2021
—
$3B
Tiger Global
+275.0%
funding round in talks (Falcon Edge-led)
Oct 2021
$325M
$4.5B
Falcon Edge Capital
+50.0%
Latest Round
Apr 2025
$11.7M
$5B
Cornerstone Ventures
+11.1%
OfBusiness · investors

Investors

CCornerstone VenturesLEADFFalcon Edge CapitalLEADTiger GlobalLEADAlpha Wave GlobalLEADZZodius CapitalLEADMMatrix Partners IndiaLEADSSoftBank Vision Fund 2AAlpha Wave Incubation
Will OfBusiness IPO?
Founded
2015
Feb 2016
Series A
Apr 2025
Latest Round · $5B
IPO
Not announced
No filing has been made.
OfBusiness — the private market
Last valuation$5B · post-money · Apr 2025
Total raised$462.8M
Lead investors
Cornerstone VenturesFalcon Edge CapitalTiger GlobalAlpha Wave Global
IPO statusNot announced
Founded · HQ2015 · Gurugram, Haryana · India
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About OfBusiness

OfBusiness runs a B2B e-commerce platform where small and medium Indian manufacturers procure raw materials such as aluminium, bitumen, steel and PVC at transparent, live-quoted prices, alongside its own house brands for higher value-added products. The Group built two sister platforms around this core business: Oxyzo, a lending arm that started in purchase financing and has grown to roughly 11,000 crore rupees in assets under management, and BidAssist, an AI-powered platform used by 1.5 million businesses to track and win government procurement contracts. The Group was incorporated in 2015 and is headquartered in India.

As of 2026, OfBusiness employs more than 30,000 people, with turnover of 20,000 crore rupees and profit after tax of 700 crore rupees. The company has been named B2B Commerce Company of the Year and Financial Services Company of the Year at industry award ceremonies.

The money screen · ranked by accessibility

How to get OfBusiness exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds OfBusiness.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. OfBusiness availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — OfBusiness included.

No account needed

OfBusiness stock — frequently asked questions

What is OfBusiness's valuation?›

The last valuation is $5B (post-money, Apr 2025).

Who has invested in OfBusiness?›

Lead investors for each round are in the funding timeline.

Who are OfBusiness's competitors?›

The closest b2b commerce / raw-material procurement and sme lending peers are on the competitors page.

How can I get exposure to OfBusiness?›

The routes section explains what is realistically available for a company at this stage.

Is OfBusiness publicly traded?›

No. OfBusiness is a private company; its shares do not trade on a public exchange.

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