O

OfBusiness

985 employees

OfBusiness is a tech-enabled platform that facilitates raw material procurement and credit for SMEs.

Investor insights

Sectors invested in

Information Services1
Farming1
Agriculture1
AgTech1

Funding rounds participated in

$6.3M sweet spot round size

Most of their 2 investments are in rounds between $2.5M and $10M

Basic info

Industry

construction

Sectors

Smart Procurement
Lending
Financial Services
Fintech
Material Fulfillment
Raw Material Supplier
SMEs
B2B Commerce
Small and Medium Businesses
Industrialization
Technology
FinTech
Infrastructure
Infrastructure development

Date founded

2015

Investments made

T

Tracecost raised $2.5M on July 27, 2022

Investors: OfBusiness

F

FarMart raised $10M on October 21, 2021

Investors: InnoVen Capital India, Matrix Partners India, Avaana Capital, Omidyar Network India and OfBusiness

Funding rounds raised

Total raised

$200M

from 24 investors over 24 rounds

O

OfBusiness raised $185M on December 20, 2021

Investors: Alpha Wave Global, LP and SoftBank Investment Advisers

O

OfBusiness raised $140M on December 20, 2021

Investors: Alpha Wave Global, LP and SoftBank Investment Advisers

O

OfBusiness raised $200M on September 30, 2021

Investors: Alpha Wave Global, LP and SoftBank Investment Advisers

O

OfBusiness raised $160M on July 31, 2021

Investors: Alpha Wave Global, LP, Matrix Partners India and SoftBank Investment Advisers

O

OfBusiness raised $110M on April 8, 2021

Investors: Alpha Wave Global, LP, Creation Investments Capital Management, LLC, Matrix Partners India and Norwest Venture Partners

O

OfBusiness raised $34M on September 24, 2019

Investors: Matrix Partners India and Norwest Venture Partners

O

OfBusiness raised undisclosed on January 1, 2019

Investors: InnoVen Capital India

O

OfBusiness raised $29M on July 18, 2018

Investors: Alpha Wave Global, LP, Zodius Advisors, Matrix Partners India and Creation Investments Capital Management, LLC

O

OfBusiness raised $3.9M on October 27, 2017

Investors: Kotak Mahindra Bank

O

OfBusiness raised $11M on December 13, 2016

Investors: Norwest Venture Partners, Matrix Partners India and Zodius Advisors

FAQ