OfBusiness

Executive Summary

OfBusiness is a major Indian B2B platform that facilitates the procurement of raw materials and provides credit to SMEs in the manufacturing and infrastructure sectors. Its unique model combines a commerce marketplace for bulk materials like steel and chemicals with a dedicated financing arm, Oxyzo. Unlike many high-growth startups, OfBusiness is highly profitable, reporting significant net income on over $2 billion in revenue. The company’s strength lies in its deep integration into India's industrial supply chain and its data-driven credit underwriting. Its public listing within the 2025-2029 timeframe would likely be one of the largest and most sought-after in the Indian industrial tech space. For investors, it offers rare exposure to both the physical manufacturing growth and the fintech credit cycle in India.