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Access here alternative investment news about Matrix Partners-backed Digital Sme Lender Ofbusiness Raises $29 Mn | Techcircle
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Matrix Partners-backed Digital Sme Lender Ofbusiness Raises $29 Mn | Techcircle

by techcircle.vccircle.com posted 2months ago 23 views
OFB Tech Pvt. Ltd, which operates fin-tech platform OfBusiness, has secured $29 million (Rs 200 crore) in a Series C round of funding led by two new US-based investors. Impact investment firm Creation Investments and hedge fund Falcon Edge led the round, the Gurugram-based online lender said in a statement on Wednesday. Existing investors Matrix Partners India and Zodius Capital also participated in the round. The Series C round takes the total the company has raised so far in equity and debt funding to Rs 500 crore.