OfBusiness funding, investors and company details

OfBusiness is an emerging Information Technology - Enterprise Technology startup from Gurugram, working in the space of leading technology-driven B2B commerce platform in India that specializes in the procurement of raw materials such as metals, chemicals, agri-products, and apparel. Founded by Asish Mohapatra, Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta, Nitin Jain.

Company: Ofb Tech Limited
Sector: Information Technology - Enterprise Technology
Location: Gurugram
Founders: Asish Mohapatra, Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta, Nitin Jain
Total funding raised: ₹100 Cr

Company overview

OfBusiness is a leading technology-driven B2B commerce platform in India that specializes in the procurement of raw materials such as metals, chemicals, agri-products, and apparel. The company offers smart procurement solutions combined with tailored working capital financing through its financial services arm, Oxyzo. OfBusiness provides an integrated ecosystem that empowers small and medium enterprises (SMEs) and other businesses to streamline their supply chains, maintain healthy cash flows, and scale operations efficiently. It operates a comprehensive platform that includes access to government tenders, real-time commodity pricing, and transparent procurement options, making it a vital partner in industrial and infrastructure sectors.

Funding rounds

Latest round: ₹100.00 Cr. ($ 11.82 Mn), 2025-04-16. Investors: Cornerstone Venture Partners