The raw material procurement service has retained almost 75% of financing subsidiary Oxyzo Financial Services following its series A round.
Oxyzo Financial Services, the smart financing spinoff of India-headquartered material procurement and financing services provider OfBusiness, secured $200m in series A funding today. Venture capital firms Norwest Venture Partners and Matrix Partners India co-led the round with alternative asset manager Alpha Wave, investment firm Tiger Global Management and impact investment vehicle Creation Investments. Founded in…
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