[Funding Galore] Over $552 Mn Raised By Indian Startups This Week
In the fourth week of March, the Indian startup ecosystem raised $552 Mn across 38 deals and reported 9 merger and acquisitions
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In the fourth week of March, the Indian startup ecosystem raised $552 Mn across 38 deals and reported 9 merger and acquisitions
While wife Ruchi Kalra's Oxyzo Financial Services earned the unicor tag after fundraising round of $200 million this week, husband Asish Mohapatra's OfBusiness entered the elite club last year.
OfBusiness’ financial arm Oxyzo has raised $200 Mn in a funding round at unicorn valuation from Alpha Wave, Tiger Global, Others.
The Series A funding in Oxyzo was led by Alpha Wave and co-led by Tiger Global, Norwest Venture Partners, Matrix Partners and Creation Investments.
Ofbusiness’s financial services arm Oxyzo raises $200 mn Series A, turns unicorn - With this, Oxyzo has become the latest addition to India’s growing list of unicorns.