Tech Company Financing Transactions
OfBusiness Funding Round
OfBusiness closed a $11.7 million venture capital round on 4/16/2025. Investors included Cornerstone Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
4/16/2025
Transaction Type
Venture Equity
Amount
$11,700,000
Round
Undisclosed
Investors
Cornerstone Venture Partners (Lead Investor)
Proceeds Purpose
The proceeds will be used to drive digital adoption and financing access for small and medium enterprises (SMEs).
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Sankalp Iconic Tower, Opp. Vikramnagar, Bopal Ambli Road, Bo B-1102
Ahmedabad, Gujarat, 380054
India
Ahmedabad, Gujarat, 380054
India
Phone
Website
Email Address
Overview
OfBusiness initially started as an aggregating and financing company, and gradually established itself as one of India's leading and most efficient technology-based B2B commerce platforms, in the business of metals, chemicals, agri-products, and apparel. The company has also entered into the manufacturing of private labelling and contract manufacturing to further enhance profitability, ensure timely deliveries, and maintain a competitive pricing strategy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Asish Mohapatra
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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