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    • Only six of India's 51 unicorns that have filed results were profitable in FY22 February 15, 2023 12:18 PM IST

      Only six of India's 51 unicorns that have filed results were profitable in FY22

      OfBusiness and Infra.Market were the only two unicorns having a profit of more than Rs 100 crore for FY22

    • SoftBank-backed OfBusiness in talks for a secondary funding round at valuation of $8-9 billion ahead of IPO December 08, 2022 04:19 PM IST

      SoftBank-backed OfBusiness in talks for a secondary funding round at valuation of $8-9 billion ahead of IPO

      OfBusiness is raising $50-$100 million from a slew of family offices, who will buy shares from some of the business-to-business (B2B) commerce and lending platform's investors

    • SoftBank-backed OfBusiness defers IPO plans by 3 months on weak market cues August 08, 2022 01:21 PM IST

      SoftBank-backed OfBusiness defers IPO plans by 3 months on weak market cues

      CEO Asish Mohapatra also said the last round that OfBusiness raised in December 2021 was the company’s last private market fundraise

    • Bits To Billions | Meet India's first husband-wife duo who have a unicorn each: Mohapatra & Kalra August 04, 2022 06:11 PM IST

      Bits To Billions | Meet India's first husband-wife duo who have a unicorn each: Mohapatra & Kalra

      Asish Mohapatra and Ruchi Kalra, alums of IIT and McKinsey, created history by becoming India's first husband and wife team to build their startups into unicorns - OfBusiness and Oxyzo. While Mohapatra is the CEO of OfBusiness, Kalra is the CEO of Oxyzo. What's more - Both their startups are profitable. But what do their startups do? How did they go from bits to billions? When will their companies go IPO? Watch them in conversation on Bits to Billions.

    • Startups should prioritise profitability amid funding winter: Unicorn founders June 10, 2022 05:31 PM IST

      Startups should prioritise profitability amid funding winter: Unicorn founders

      Amagi Media Labs, Xpressbees, and OfBusiness are three of the country’s 23 profitable unicorns. India welcomed its 100th unicorn in May, and the tally currently stands at 102.

    • This couple is India's first to build their own unicorns each March 23, 2022 06:33 PM IST

      This couple is India's first to build their own unicorns each

      Ruchi Kalra, 38, and Asish Mohapatra, 41, are alums of the Indian Institute of Technology and met while working at McKinsey & Co. Both startups are profitable, an unusual feat for young growth companies.

    • Oxyzo Financial Services raises $200 million Series A at a valuation of $1 billion, enters unicorn club March 23, 2022 09:04 AM IST

      Oxyzo Financial Services raises $200 million Series A at a valuation of $1 billion, enters unicorn club

      Kalra becomes one of the rare Indian female founders of a profitable fintech unicorn and, together with husband Asish Mohapatra, makes a rare couple behind the making of two unicorns

    • Startups in India: Meet these women unicorn founders March 04, 2022 12:05 PM IST

      Startups in India: Meet these women unicorn founders

      Startups in India: Women unicorn founders are few and far between but the overall tribe is increasing.

    • Weekly Funding Wrap: Razorpay's valuation vaults to $7.5 billion, Zepto raises $100 million December 26, 2021 01:36 PM IST

      Weekly Funding Wrap: Razorpay's valuation vaults to $7.5 billion, Zepto raises $100 million

      A total of $1.25 billion was raised by startups in the week of December 20 to 24

    • The more unsexy a business, the more profitable it is: OfBusiness' Asish Mohapatra's motto August 16, 2021 09:43 AM IST

      The more unsexy a business, the more profitable it is: OfBusiness' Asish Mohapatra's motto

      Why is an industrial goods and lending firm one of India's hottest startups today? Why does OfBusiness hire only freshers, that too from outside top colleges? And when the lines between work and life are blurred, how do you avoid a toxic work culture? Asish Mohapatra, co-founder and CEO of OfBusiness breaks down his work and life's philosophy, with unusual candor and quips in a detailed interview.