OfBusiness
Founded Year
2015Stage
Shareholder Liquidity | AliveTotal Raised
$855.55MRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-28 points in the past 30 days
About OfBusiness
OfBusiness provides an online marketplace for business-to-business (B2B) commerce. The company sells products such as chemicals, steel, cement, agriculture, textile, solar, and more. It was founded in 2015 and is based in South Delhi, India.
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Research containing OfBusiness
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned OfBusiness in 1 CB Insights research brief, most recently on Jan 4, 2022.
Expert Collections containing OfBusiness
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OfBusiness is included in 5 Expert Collections, including Construction Tech.
Construction Tech
1,404 items
Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more
E-Commerce
11,045 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Supply Chain & Logistics Tech
4,049 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,249 items
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest OfBusiness News
Oct 18, 2024
Source: Freepik 17 October, 2024 B2B commerce and fintech startup OfBusiness has seen a secondary share sale of around $100-120 million, while Lendingkart is staring at a massive valuation cut. Zodius exits OfBusiness with over $100m OfBusiness has seen a secondary share sale of around $100-120 million, with early investor Zodius Capital making a complete exit from the business-to-business (B2B) e-commerce firm, The Economic Times reported. This would probably be the second-largest secondary deal in the new-age sector this year after a $200-million share sale in Lenskart, the report said. Gautam Patel, co-founder of the venture capital fund, confirmed the exit, saying Zodius Capital has bagged more than $100 million in returns on its initial $8-million investment in OfBusiness in late 2016. He is also the founder and managing partner at venture fund Z3Partners. Zodius had made its maiden investment in OfBusiness at a $50-million valuation. Zodius was acquired by KKR-backed Avendus Capital in 2017. Fullerton eyes majority stake in Lendingkart Lendingkart is staring at a massive valuation cut amid a cash crisis that has hit the MSME-focused lending platform over the past few months due to stress in the unsecured loan market, The Economic Times reported. The 10-year-old company is negotiating a new funding deal with existing investor Fullerton Financial Holdings (FFH), a wholly owned subsidiary of Temasek, at a valuation of $100 million, down from $350 million it commanded during its last equity fundraise four years ago, the report added. FFH owns around 38% stake in Lendingkart, per data from Tracxn, and has infused Rs 722 crore into the company over the past five years, public filings showed. “Fullerton is now looking at taking its stake up to more than 60% in the company and becoming a majority shareholder,” the report said, citing another person privy to the deal talks.
OfBusiness Frequently Asked Questions (FAQ)
When was OfBusiness founded?
OfBusiness was founded in 2015.
Where is OfBusiness's headquarters?
OfBusiness's headquarters is located at D-1 (K-84) Green Park Main, South Delhi.
What is OfBusiness's latest funding round?
OfBusiness's latest funding round is Shareholder Liquidity.
How much did OfBusiness raise?
OfBusiness raised a total of $855.55M.
Who are the investors of OfBusiness?
Investors of OfBusiness include Zodius Capital, Alpha Wave Global, SoftBank, Tiger Global Management, Z47 and 11 more.
Who are OfBusiness's competitors?
Competitors of OfBusiness include Mytek Innovations, Infra.Market, MyShubhLife, Zetwerk, Udaan and 7 more.
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Compare OfBusiness to Competitors
Infra.Market offers construction solutions for business-to-business (B2B) and retail outlets. The company offers a technology-enabled e-commerce platform for construction materials, focusing on private-label construction.The company addresses concerns around pricing transparency, unreliable quality, fragmented vendor base, and more. It was founded in 2016 and is based in Thane, India.
Moglix is a B2B e-commerce platform focused on the procurement of industrial supplies across various sectors. The company offers a wide range of products including safety gear, power tools, office supplies, electrical equipment, and healthcare and lab supplies. Moglix caters primarily to the needs of the manufacturing, industrial, and business sectors by providing essential tools, equipment, and supplies necessary for their operations. It was founded in 2015 and is based in Singapore, Singapore.
Bazaar is a company focused on providing commerce and financial services for businesses in Pakistan. They offer a retail distribution network, a raw material sourcing platform, and financial services to facilitate payments and lending. The company primarily serves the retail and industrial sectors with its commerce solutions and the fintech sector with its financial services. It was founded in 2020 and is based in Karachi, Pakistan.
Udaan focuses on the trade ecosystem. It operates in the e-commerce and B2B sector. The company offers a platform for small and medium businesses, traders, wholesalers, retailers, and manufacturers, providing them with insights into trends and helping them to scale their businesses. Udaan primarily serves the e-commerce industry. It was founded in 2016 and is based in Bengaluru, India.
Zetwerk is a manufacturing services provider specializing in the production of precision parts and capital goods across various industries. The company offers a range of custom manufacturing services, including CNC machining, injection molding, and die casting, to produce high-quality components and assemblies. Zetwerk primarily serves sectors such as aerospace, defense, energy, utilities, and construction. It was founded in 2018 and is based in Bengaluru, India.
Goodluck is a diversified manufacturing company specializing in the steel industry. The company offers a wide range of products including precision tubes, custom forgings, steel structures for infrastructure, road safety systems, and various steel pipes and sheets. Goodluck primarily serves sectors such as infrastructure, energy, and road safety. It was founded in 1986 and is based in Ghaziabad, India.
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