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TechCrunch
India’s OfBusiness valued at $5 billion in $325 million funding
OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small businesses with credit, has secured its fourth financing round this year and is now valued at about $5 billion. Alpha Wave Global, Tiger Global, and SoftBank Vision Fund 2 led the startup’s $325 million Series G financing round. Alpha Wave Global, formerly known as Falcon Edge Capital, invested in OfBusiness through its new $10B+ fund called Alpha Wave Ventures II.
