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

OfBusiness Funding — Last Valued at $5B

Private

OfBusiness has raised $462.8M across 6 funding rounds. The latest round valued OfBusiness at $5B post-money, with Cornerstone Ventures on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
OfBusiness funding · at a glance
Total raised, all rounds
$462.8M
some round sizes not disclosed
Funding rounds
6
priced rounds
Latest round
$5B
post-money · Apr 2025
Lead on that event
Cornerstone Ventures
lead investor
2025
About OfBusiness

Falcon Edge Capital invested in 2021, valuing OfBusiness at 4.5 billion dollars as the company's procurement and lending platforms scaled across India's infrastructure and manufacturing sectors.

Funding timeline

The OfBusiness funding timeline

6 funding rounds, the latest highlighted.

2015
OfBusiness founded

OfBusiness was founded in 2015, India.

FEB 2016
Series A

Bhavish Aggarwal, Kunal Bahl, Rohit Bansal, and angel investors. $5M raised, led by Matrix Partners India.

Valuation basisAmount$5MPrice / shareLeadMatrix Partners India
DEC 2016
Series B

Matrix Partners India, and others. $11.1M raised, led by Zodius Capital.

Valuation basisAmount$11.1MPrice / shareLeadZodius Capital
APR 2021
funding round (~April 2021) at $800M post-money

A primary round — the company sells new shares to investors it selects. $110M raised, led by Alpha Wave Global.

Valuation basispost-moneyAmount$110MPrice / shareLeadAlpha Wave Global
SEP 2021
funding round (~September 2021) at $3B post-money

A primary round — the company sells new shares to investors it selects. Led by Tiger Global.

Valuation basispost-moneyAmountPrice / shareLeadTiger Global
OCT 2021
funding round in talks (Falcon Edge-led) at $4.5B post-money

A primary round — the company sells new shares to investors it selects. $325M raised, led by Falcon Edge Capital.

Valuation basispost-moneyAmount$325MPrice / shareLeadFalcon Edge Capital
APR 2025LATEST
Latest Round at $5B post-money

A primary round — the company sells new shares to investors it selects. $11.7M raised, led by Cornerstone Ventures.

Valuation basispost-moneyAmount$11.7MPrice / shareLeadCornerstone Ventures
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

OfBusiness funding rounds in full

6 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Latest Round LATEST
Apr 2025
$11.7M
$5Bpost-money
—
Cornerstone Ventures
—
funding round in talks (Falcon Edge-led)
Oct 2021
$325M
$4.5Bpost-money
—
Falcon Edge Capital
—
funding round (~September 2021)
Sep 2021
—
$3Bpost-money
—
Tiger Global
—
funding round (~April 2021)
Apr 2021
$110M
$800Mpost-money
—
Alpha Wave Global
—
Series B
Dec 2016
$11.1M
—
—
Zodius Capital
Matrix Partners India, and others
Series A
Feb 2016
$5M
—
—
Matrix Partners India
Bhavish Aggarwal, Kunal Bahl, Rohit Bansal, and angel investors
OfBusiness · investors

Investors

CCornerstone VenturesLEADFFalcon Edge CapitalLEADTiger GlobalLEADAlpha Wave GlobalLEADZZodius CapitalLEADMMatrix Partners IndiaLEADSSoftBank Vision Fund 2AAlpha Wave Incubation

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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