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Tiger Global led a $200m Series F round in Ofbusiness.

Synopsis

Tiger Global led a $200m Series F round in Ofbusiness, a business to business e-commerce platform, with participation from SoftBank Vision Fund II and Falcon Edge Capital. OfBusiness commerce business competes with Moglix, Infra.Market, Zetwerk and a few others while its lending business attracts competition from banks and NBFCs. Notably, all these B2B e-commerce companies in the raw materials procurement space have achieved unicorn status in 2021.

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