Short description
OfBusiness is a tech-enabled platform that facilitates raw material procurement and credit for SMEs.
Description
OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus on the manufacturing and infrastructure sectors. It integrates technology to SME's buying behavior to make available better products, at better prices, in better timelines to customers with comprehensive online and offline support. Key raw materials include metals, chemicals, polymers, Agri commodities, petrochemicals, and building materials. OfBusiness provides SMEs access to cash flow-based financing for buying raw materials through its NBFC 'Oxyzo Financial Services'. The Company also offers a host of tech services for SMEs including BidAssist for new growth opportunities.
Last funding
Noaccess
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Total funding
$$121212
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Location
Gurgaon, Haryana, India, Asia
Founded on
January 1, 2015
Non-profit?
No
Acquired?
No
Employees count
501-1000
Revenue range
$1230 - 4560
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Investors
Noaccessforu, No Way, Noaccess, Noway Youcantaccess, No Way, Noaccess, Absolutely Noaccess, Blurry Noaccess, Noway Youcantaccess, Noaccess, No Way, Noaccess, Noaccessforu, Noaccess, Nopepepe, Noway Youcantaccess
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Founders
Asish Mohapatra, Bhuvan Gupta, Chandranshu Sinha, Nitin Jain, Ruchi Kalra, Srinath Ramakkrushnan, Vasant Sridhar
Funding rounds count
5
Portfolio organisations count
Noaccessforu, Blurry Noaccess
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Lead investments count
1