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FinTech

Oxyzo Raises INR 533 Cr Debt From Neo Group, Others


SUMMARY

The fintech unicorn will use the funds for its day-to-day business operations, including lending to SMEs

Oxyzo provides loans to SMEs for procuring raw materials and to new-age tech startups across sectors such as mobility, agritech, climate tech, logistics, among others

Earlier, it was reported that Oxyzo, like its parent OfBusiness, was mulling an IPO. However, there have been no further updates on the NBFC’s public issue

Fintech unicorn Oxyzo, the lending arm of IPO-bound B2B ecommerce startup OfBusiness, has…



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