Details

Last Funding Type

Series B

Last Funding Money Raised

₹750M

Industries

Financial Services,FinTech,Infrastructure,Lending,Small and Medium Businesses

Founded date

Jan 1, 2015

Number Of Employee

501 - 1000

Operating Status

Active

OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus on the manufacturing and infrastructure sectors. It integrates technology to SME's buying behavior to make available better products, at better prices, in better timelines to customers with comprehensive online and offline support. Key raw materials include metals, chemicals, polymers, Agri commodities, petrochemicals, and building materials. OfBusiness provides SMEs access to cash flow-based financing for buying raw materials through its NBFC 'Oxyzo Financial Services'. The Company also offers a host of tech services for SMEs including BidAssist for new growth opportunities.