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#22 by ARRIndiaofbusiness.com ↗

OfBusiness

B2B commerce platform selling metals, chemicals, apparel and food-processing raw materials, plus SME working-capital credit through Oxyzo, to Indian manufacturers and infrastructure firms.

ARR
$2.4B revenue (est.)
as of Oct 2026
Employees
10K
as of Oct 2026
Valuation
$5B
2.1× ARR
ARR / employee
$240K
revenue efficiency
About OfBusiness

OfBusiness (legal name OFB Tech Limited) is a tech-enabled B2B platform. It combines a multi-brand supplier marketplace with in-house manufacturing in metals, chemicals, apparel and food processing. It also offers financial services through Oxyzo, tender discovery through BidAssist, and AI tools such as Nexizo.AI. Its customers are Indian SMEs in manufacturing and infrastructure. It earns money from materials sales and from lending and financing. Tracxn lists about $776M raised over 15 rounds from investors including SoftBank, Tiger Global and Alpha Wave. It became a unicorn in 2021 and was valued at roughly $5B in 2024–25. The company reports a group turnover of about ₹20,000 Cr and a PAT of about ₹700 Cr as of 2026, and press reports in 2026 say it is reviving IPO plans.

Investors · 10

LeadCornerstone VenturesVenture capital3 partners on file
InvestorAlpha Wave GlobalVenture capital17 partners on file
InvestorCreation Investments Capital ManagementVenture capital3 partners on file
InvestorInnoVen CapitalVenture capital2 partners on file
InvestorMarshall WaceVenture capital3 partners on file
InvestorNorwest Venture PartnersVenture capital
InvestorSoftBank Vision Fund 2Corporate83 partners on file
InvestorTiger GlobalPrivate equity30 partners on file
InvestorZ47Venture capital6 partners on file
InvestorZodius CapitalVenture capital
147 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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