OfBusiness
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Latest moves
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Background
From 8 stories, the newest dated 10 Sept 2026. Summary written 3 Oct 2026. Newer developments are under Latest moves.
OfBusiness is an Indian B2B commerce platform that supplies SME customers across metals, chemicals, agricultural commodities and apparel, and was founded in 2015.[1] source: The Hindu BusinessLine
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Its lending arm Oxyzo was created in 2016.[2] source: Business Today OfBusiness has an employee count above 35,000.[3] source: Business Standard
For FY26 OfBusiness reported consolidated revenue of ₹20,645 crore and PAT of ₹724 crore.[4] source: Business Standard Inc42 reported EBITDA of ₹769 Cr, up 34% YoY, and an EBITDA margin of 4%, versus 2.6% in FY25.[5] source: Inc42 Exports exceeded ₹2,500 crore in FY26, 12% of consolidated revenue, reaching more than 70 countries.[6] source: Entrackr Apparel revenue was Rs 3,002 crore in FY26, against Rs 843 crore in FY24.[7] source: Apparel Resources India In September 2026 Business Standard reported the company deepening owned manufacturing across metals, chemicals and apparel.[3] source: Business Standard In August 2026 Inc42 reported it plans to file a DRHP for an $800 million IPO, targeting mid-November.[8] source: Inc42
Co-founder Ruchi Kalra has outlined a focus on SME procurement, financing through Oxyzo and internally developed leadership.[2] source: Business Today
Sources
Questions about OfBusiness
Who leads OfBusiness?
Ruchi Kalra is a co-founder of OfBusiness. She has outlined the company's focus on SME procurement, financing through Oxyzo and internally developed leadership rather than valuation-driven growth.[2] source: Business Today
How fast is OfBusiness growing in India?
OfBusiness reported FY26 consolidated profit of ₹724 Cr, up 21% YoY from ₹597 Cr, on operating revenue of ₹20,645 Cr that was largely flat YoY. Its FY26 EBITDA was ₹769 Cr, up 34% YoY.[5] source: Inc42
What is OfBusiness' current strategy in India?
In September 2026 OfBusiness was deepening owned manufacturing across metals, chemicals and apparel.[3] source: Business Standard In August 2026 it targeted a mid-November DRHP filing for an $800 million IPO,[8] source: Inc42 and reported FY26 exports above ₹2,500 crore.[6] source: Entrackr
Stories that mention OfBusiness
2 stories
OfBusiness is named in these stories but is not their subject.