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New Deal


Announced

Completed

Falcon Edge Capital led a $110m Series D2 funding round in OfBusiness.

Financials

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Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For14%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Acquisition

financing services

Private Equity

Asset Managers and Custodians

Venture Capital

India

Minority

Private

Completed

Cross Border

Synopsis

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Falcon Edge Capital, an asset management company, led a $110m Series D2 funding round in OfBusiness, a provider of financing services. Additional investors include Matrix Partners India, Creation Investments, and Norwest Venture Partners. “In our mission of serving businesses who are core to nation-building, we have attained strong growth with profitability even through these uncertain periods. We have an unwavering belief in the potential of commerce and financing in the B2B landscape and our vision is to just keep doing more of what we have done so far," Asish Mohapatra, OfBusiness Co-Founder and CEO.

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