Zodius Capital has reportedly marked its full exit from the B2B marketplace via a secondary share sale of around $100-120 Mn
The VC firm has secured more than $100 Mn in returns on its initial $8 Mn investment in OfBusiness
As per sources, this is one of the biggest outcomes for them from an early investment
Zodius Capital, an early investor in OfBusiness, has reportedly marked its full exit from the B2B marketplace via a secondary share sale of around $100-120 Mn.
Zodius has secured more than $100 Mn in returns on its initial $8 Mn investment in OfBusiness
in late 2016, the VC firm’s cofounder Gautam Patel told ET.
Inc42 has reached out to the company for comments on the development. The story will be updated accordingly.
“Over the past few months, Zodius has made a complete exit from OfBusiness. This is one of the biggest outcomes for them from an early investment,” the report quoted a source as saying.
(The story will be updated soon)
