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Investment Banking | Ex-Valuefy | IIM Indore | ICSI | DU | India Foundation | RMP

🚀 OfBusiness: Strong Growth, Financial Performance & Upcoming $1 Billion IPO 🚀 OfBusiness, India’s largest platform for raw materials procurement and credit solutions, continues to lead innovation in the B2B sector. Backed by top investors like SoftBank, Tiger Global, and Kotak Mahindra, the company is making significant strides in empowering businesses across the country. A profitable startup, OfBusiness is already valued at $5 billion in the private market and is now targeting a $9 billion valuation with its upcoming IPO, aiming to raise up to $1 billion to fuel further growth and expansion. 📊 Impressive Financials for FY24: 1) Net Profit: Up 30%, reaching Rs 603 crore (vs. Rs 463.25 crore in FY23) 2) Operating Revenue: Grew 26%, totaling Rs 19,296.27 crore With strong financials, a large-cap valuation, and a solid growth trajectory, OfBusiness is set to redefine the B2B landscape as a profitable startup and continue its path of innovation and success! #IPO #OfBusiness #B2B #Investment #SoftBank #TigerGlobal #KotakMahindra #Valuation #IndianStartups #LargeCap #ProfitableStartup #Growth #FinancialResults #BusinessInnovation #BusinessGrowth

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