Matrix-backed e-commerce startup OfBusiness has announced that it has secured $200 million in the Tiger Global led Series F funding round. The round also saw participation from existing investors including Falcon Edge Capital and SoftBank Vision Fund II. Speaking on the announcement, Asish Mohapatra, CEO and Co-Founder of OfBusiness, commented, “The India B2B markets across…
Tag: OfBusiness
OfBusiness bags $110 million in funding
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•OfBusiness has raised $110 million in its Series D2 funding round at a $800 million post-money valuation. The funding round was led by Falcon Edge Capital and also saw participation from Matrix Partners India, Norwest Venture Partners and Creation Investments. Asish Mohapatra – Cofounder and Chief Executive Officer told to ET, “In our mission of…
OfBusiness parent raises $110M funding at $800 million valuation
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•OFB Tech, which operates business-to-business (B2B) platform OfBusiness, has concluded its Series D2 funding round of $110 million led by Falcon Edge Capital, according to ET report. Post funding, the company’s valuation reaches $800 million. OfBusiness is a new age fintech startup which provides smart financing to SMEs. Existing investors Matrix Partners India, Creation Investments,…