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How OfBusiness CEO Asish Mohapatra grew OfBusiness to $2.4B revenue with a 10000 person team in 2024.

OfBusiness is a tech-enabled platform that facilitates raw material procurement and credit for SMEs, focusing on sectors such as metals, chemicals, agri-products, and apparel.

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OfBusiness Revenue

In 2024, OfBusiness's revenue reached $2.4B. The company previously reported $1.9B in 2023. Since its launch in 2015, OfBusiness has shown consistent revenue growth.

OfBusiness Revenue GrowthReported revenue / ARR by year$0$500M$1B$2B$2B$3B201520172019202120232024$0$950M$2B$2BSource: GetLatka.com
YearMilestone
2024OfBusiness Hit $2.4b revenue in December 2024
2023OfBusiness Hit $1.9b revenue in December 2023
2022OfBusiness Hit $950m revenue in December 2022
2015Launched with $0 revenue

OfBusiness Valuation, Funding Rounds

OfBusiness reached a $5B valuation in 2021, set during its Series G round.

OfBusiness has raised $1.2B in total funding across 4 rounds, most recently a $325M Series G round in 2021.

OfBusiness Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1B$3B$4B$5B$6B20152016201720182019202020212015 cumulative: $0 • 2015 Founded: $02018 cumulative: $500M • 2015 Founded: $0 • 2018 Series C: $500M2021 cumulative: $660M • 2015 Founded: $0 • 2018 Series C: $500M • 2021 Series F: $160M2021 cumulative: $867M • 2015 Founded: $0 • 2018 Series C: $500M • 2021 Series F: $160M • 2021 Series F: $207M2021 cumulative: $1B • 2015 Founded: $0 • 2018 Series C: $500M • 2021 Series F: $160M • 2021 Series F: $207M • 2021 Series G: $325M @ $5B valuation$1B2015 Founded: $0 valuation2021 Series G: $5B valuation$5BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series G$325M$5B7%
2021Series F$207M--
2021Series F$160M--
2018Series C$500M--

OfBusiness Employees & Team Size

OfBusiness employs approximately 10K people as of 2026.

OfBusiness has 10K total employees in different roles and functions.

OfBusiness Team GrowthReported headcount over time02,5005,0007,50010,00012,5002015201720192021202320250010,00010,000Source: GetLatka.com
YearMilestone
2025Reached 10K employees (November 2025)

Founder / CEO

Asish Mohapatra

Asish Mohapatra is listed as Founder / CEO at OfBusiness.

Q&A

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Customers

We do not have customer count information for OfBusiness yet.

Frequently Asked Questions about OfBusiness

What is OfBusiness's revenue?

OfBusiness generates $2.4B in revenue.

Who founded OfBusiness?

OfBusiness was founded by Asish Mohapatra.

Who is the CEO of OfBusiness?

The CEO of OfBusiness is Asish Mohapatra.

How much funding does OfBusiness have?

OfBusiness raised $1.2B.

How many employees does OfBusiness have?

OfBusiness has 10K employees.

Where is OfBusiness headquarters?

OfBusiness is headquartered in Gurgaon, India.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .