# OfBusiness

> OfBusiness is a VC fund in Gurgaon backing Financial Services and Apps. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Gurgaon, India
- Total investments: 8
- Last investment: Apr 2025
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ofbusiness
- X (Twitter): https://twitter.com/ofbusiness_com
- Website: https://www.ofbusiness.com
- Facebook: https://www.facebook.com/OfBTech

OfBusiness is a VC fund in Gurgaon focused on Financial Services and Apps. 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 andoffline 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.

## Contacts

5 contacts available for OfBusiness. Shizune tracks 6 team members at OfBusiness. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ofbusiness?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $8.9M–$43M |
| Debt Financing | $8.8M–$32M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 2 | 25% |
| Apps | 1 | 13% |
| SaaS | 1 | 13% |
| Legal | 1 | 13% |
| Mobile | 1 | 13% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 25% |
| Debt Financing | 2 | 25% |
| Seed | 1 | 13% |
| Pre-Seed | 1 | 13% |
| Corporate Round | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 6 | 75% |
| Canada | 1 | 13% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Bhuvan Gupta | Co-Founder & CTO | 10 | https://shizune.co/investors/profile/bhuvan-gupta-2 |
| Ruchi Kalra | Cofounder & CFO | 12 | https://shizune.co/investors/profile/ruchi-kalra-2 |
| Vasant Sridhar | Co-Founder & CSO | 6 | https://shizune.co/investors/profile/vasant-sridhar |
| Asish Mohapatra | Co-Founder & CEO | 16 | https://shizune.co/investors/profile/asish-mohapatra-2 |
| Nitin Jain | Co-Founder | 4 | https://shizune.co/investors/profile/nitin-jain-6 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Varthana | Varthana provides loans and support for affordable private schools. They are a Non-Banking Financial Company (NBFC) headquartered in Bangalore, India. | $8.8M | Debt Financing | Apr 17, 2025 |  |
| KrazyBee | To be the convenient connecting bridge between the college going youth of India and its wonderful dreams & aspirations. | $32M | Debt Financing | Jun 14, 2024 |  |
| Bidso | Bidso operates as a B2B manufacturing logistics platform. | $300K | Pre-Seed | Aug 08, 2023 |  |
| Lawyered | At Lawyered, our mission is dedicated to streamlining and addressing the complexities of on-road legal challenges for India's extensive vehicle population, encompassing over 330 million vehicles. Reflecting on instances where sudden legal obstacles in remote locations presented daunting challenges, our inception was rooted in serving thelogistics sector. However, our vision has since expanded to provide comprehensive support across the mobility spectrum, including cabs, bike taxis, and personal vehicles. Our network boasts an impressive cadre of over 70,000 lawyers, strategically positioned to offer legal assistance within a mere two-hour timeframe following any road-related issue. This expansive coverage ensures that we have legal expertise readily available every 50 kilometers along the national highways, epitomizing our commitment to accessibility and prompt support. At Lawyered, our vision is to productise legal-services as accessible "Consumer Products" through technology | $1.5M | Seed | Apr 03, 2023 |  |
| TraceCost | Tracecost establishes and maintains standard processes and procedures, provides informed decisions, and improves outcome predictability. | $2.5M | Corporate Round | Jul 27, 2022 |  |
| FarMart | FarMart operates India’s first micro-SaaS led agritech platform. The platform helps agri-retailers serve their farmers better by providing them with access to information, market linkages and input. FarMart aims to make the entire value chain - from input to output - streamlined and remunerative. It leverages technology and its network of inputretailers at first mile to make sourcing highly scalable and capital efficient. In just under a year, FarMart has over 10,000 retailers on its platform with access to 400,000+ farmers across 15 states in the country. | $8.9M | Series A | Oct 21, 2021 |  |
| FarMart | FarMart operates India’s first micro-SaaS led agritech platform. The platform helps agri-retailers serve their farmers better by providing them with access to information, market linkages and input. FarMart aims to make the entire value chain - from input to output - streamlined and remunerative. It leverages technology and its network of inputretailers at first mile to make sourcing highly scalable and capital efficient. In just under a year, FarMart has over 10,000 retailers on its platform with access to 400,000+ farmers across 15 states in the country. | $10M | Series A | Oct 21, 2021 |  |
| UpScalio | UpScalio is an eCommerce brand investor and operator that provides financial services to invest in, grow, and buy businesses. It provides funds to digital brands selling on eCommerce marketplaces like Amazon, Myntra, Flipkart and Nykaa and manages key operations for them including multi-marketplace management, digital marketing, branding,logistics, sourcing, finance, and business operations. | $42.5M | Series A | Aug 17, 2021 |  |

8 of 8 investments shown.

## Co-investors
- [Z47](https://shizune.co/investors/profile/matrix-partners-india) — VC Fund, 3 deals together
- [Omidyar Network India](https://shizune.co/investors/profile/omidyar-network-india-050e) — VC Fund, 3 deals together
- [InnoVen Capital](https://shizune.co/investors/profile/svb-india-finance) — VC Fund, 3 deals together
- [Avaana Capital](https://shizune.co/investors/profile/avaana-capital) — VC Fund, 2 deals together
- [Oxyzo](https://shizune.co/investors/profile/oxyzo) — VC Fund, 2 deals together
- [468 Capital](https://shizune.co/investors/profile/468-capital) — VC Fund, 1 deal together

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## FAQ

### What does OfBusiness invest in?

OfBusiness invests primarily in Financial Services, Apps and SaaS startups, most often at Series A and Debt Financing stage. Most of the 8 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is OfBusiness's check size?

OfBusiness typically joins rounds of $8.9M–$43M at Series A and $8.8M–$32M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds OfBusiness participates in.

### How do I contact OfBusiness?

Public channels for OfBusiness include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at OfBusiness?

The team at OfBusiness includes Bhuvan Gupta (Co-Founder & CTO), Ruchi Kalra (Cofounder & CFO) and Vasant Sridhar (Co-Founder & CSO), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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