OfBusiness
Founded Year
2015Stage
Unattributed VC | AliveTotal Raised
$867.25MLast Raised
$11.7M | 3 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-16 points in the past 30 days
About OfBusiness
OfBusiness is a business-to-business commerce platform that operates in the sectors of metals, chemicals, agri-products, and apparel. The company focuses on improving procurement processes and supply chains for businesses. OfBusiness also includes financial services through its arm, Oxyzo, which provides working capital solutions for small and medium enterprises (SMEs). It was founded in 2015 and is based in Ahmedabad, India.
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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
1,490 items
Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more
E-Commerce
11,341 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Supply Chain & Logistics Tech
4,573 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
1,277 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
Jun 27, 2025
27 Jun 2025 New Delhi, India, June 27, 2025: Saraf and Partners advised and acted for OfBusiness on its acquisition ("Transaction") of the entire business of Elixir Extracts, a Kerala-based manufacturer and exporter of spice oleoresins, essential oils, herbal extracts, and encapsulated powders. The acquisition was structured as a slump sale for an undisclosed deal amount. The transaction marks OfBusiness’ entry into the food ingredients and nutraceuticals sector, expanding its footprint in the B2B raw material ecosystem. OfBusiness is a leading B2B platform that facilitates raw material procurement across sectors like metals, chemicals, and agriculture, while also offering financial services and government contract support. The transaction provides OfBusiness with access to 'Elixir Extracts’ solvent extraction, essential oils, oleoresins, and herbal products and R&D capabilities, further strengthening its vertical integration and product diversification in the B2B raw materials procurement space. Saraf and Partners advised OfBusiness on all aspects of the transaction, including conducting legal due diligence, deal structuring, drafting and negotiation of transaction documents, regulatory advisory and aiding in closing of the transaction. The transaction team was led by Mr. Sahil Arora (Partner) along with Mr. Akshay Jain (Partner). Mr. Saroj Jha (Senior Partner) and Mr. Vikram Gupta (Partner Designate) provided assistance on real estate aspects. Picture Source :
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 Bopal Ambli Road, Bodakdev, Ahmedabad.
What is OfBusiness's latest funding round?
OfBusiness's latest funding round is Unattributed VC.
How much did OfBusiness raise?
OfBusiness raised a total of $867.25M.
Who are the investors of OfBusiness?
Investors of OfBusiness include Cornerstone Ventures, Zodius Capital, Alpha Wave Global, SoftBank, Tiger Global Management and 12 more.
Who are OfBusiness's competitors?
Competitors of OfBusiness include Infra.Market, Udaan, Zetwerk, NowPurchase, Mytek Innovations and 7 more.
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Compare OfBusiness to Competitors
Infra.Market is a platform that supplies building and construction materials across various sectors of the construction industry. The company provides products including structural materials, finishing products, and lifestyle items that are relevant to the construction lifecycle. Infra.Market serves EPC contractors, real estate developers, architects, and government agencies involved in commercial and residential projects. It was founded in 2016 and is based in Mumbai, 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.
CADDi works in the manufacturing industry. It provides CADDi, a platform that digitizes and analyzes data related to manufacturing activities. It serves sectors that require custom-fabricated equipment, including industrial machinery and plant manufacturers. It was founded in 2017 and is based in Tokyo, Japan.
Passive Infra specializes in the design, detailing, fabrication, and erection of steel structures within the civil engineering and construction sectors. The company offers a range of services including pre-engineered buildings, galvanized structures, and turnkey project solutions. Passive Infra caters to various sectors, providing world-class manufacturing and high-quality products for infrastructure projects. It is based in New Delhi, India.
Udaan is a B2B e-commerce platform focused on the trade ecosystem for small businesses across various sectors. The company operates in categories FMCG, Staples, fruits and vegetables, and pharmaceutical, providing a platform for supply chain and logistics operations. It was founded in 2016 and is based in Bengaluru, India.
Zetwerk offers a manufacturing network that provides manufacturing services across sectors. It offers custom-made components, mass production, quality certification, inventory, and supply chain management, focusing on precision parts, capital goods, and consumer goods. It operates in industries such as transportation, industrial machinery, consumer products, construction, energy, and aerospace. It was founded in 2018 and is based in Bengaluru, India.
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