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OfBusiness raises Rs 200 Cr at Rs 3,200 Cr valuation

Shortpedia

Content Team
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SME financing firm OfBusiness has raised around Rs 200 crore in what appears to be an extended part of the Series D round from existing investors, regulatory filings show. The Gurugram-based firm has passed a special resolution to allot 1,958 Series D1 preference shares at an issue price of Rs 10,21,663.6 per share to raise Rs 200.06 crore from Creation Investments, Norwest Venture Partners, Alpha Wave Incubation and Matrix Partners.