Banks releasing working capital loans for SME clients & providing own readymade SaaS-enabled platforms for easier GST compliance; Online lenders trying to tap into post-GST market
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Tag: Asish Mohapatra
Online marketplace for SME commerce OfBusiness raises another Rs 75 cr
OfBusiness, an online marketplace for Small-and-Medium (SME) commerce, has raised Rs 75 crore in its series B round of funding led by Zodius Capital, a growth-stage tech fund which has backed companies like Big Basket, Pepperfry and Zivame. This is the second fund-raise for the year-old startup a…
OfBusiness racks up $5m series A round
OfBusiness, a three-month-old online marketplace for business-to-business (B2B) commerce, has raised $5 million in its first round of funding led by Matrix Partners India. The fund-raising comes at a time when the size of series A cheques is shrinking after the highs of last year. Ola’s Co-…