After InCred and Lendingkart, OfBusiness raises Rs.242.52 crore
Shortpedia
Content Team
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Led by Norwest Venture Partners, OfBuisness has raised Rs.242.52 crore Series D, a lender after InCred and Lendingkart. The Palo Alto-based growth equity investment firm has invested Rs 214.50 crore while existing investors Falcon Edge and Matrix Partners put in about Rs 26 crore and Rs 1.87 crore respectively in the Series D round. OfBusiness has allotted 3,632 Series D CCPS and 106 equity shares at Rs 6,49,002 share each.
