OfBusiness raises $160 Mn led by SoftBank at $1.6 Bn valuation
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Business to business e-commerce platform OfBusiness has raised a new round from SoftBank Vision Fund II and existing investor Alpha Wave Incubation. This is the second investment round for the Gurugram-based startup in 2021 which scooped up $110 million in a round led by Alpha Wave in April. SoftBank has spearheaded the round with an investment of $151 million whereas Alpha Wave invested the remaining.