Ruchi Kalra

The founders from NCR felt that for Indian businesses serving Indian customers addressing Indian problems, it does not make sense to domicile outside of the country

Profitability means PAT: Oxyzo’s Ruchi Kalra

Kalra also said that generating cash in B2B business models is easier, taking a contrarian view as many venture capital firms do not consider it an attractive business model.

Fintech unicorn Oxyzo reports 185% jump in PAT at Rs 197 crore in FY23

Oxyzo's total income went up by nearly 80 per cent to Rs 562 crore during FY23 as against Rs 313 crore in FY22

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

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.

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

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