OfBusiness Raises $34 Mn Series D Funding From Norwest, Others

Gurugram-based fintech platform OfBusiness has raised its next round of growth capital from existing and new investors.

According to the Ministry of Corporate Affairs filings accessed by Inc42, the company in a resolution passed on September 17 floated an offer to raise INR 242.35 Cr ($34.2 Mn) in Series D funding. The company is offering 3,632 Series D CCPS of INR 100 per share with a premium of INR 6,48,902 per share and 105 equity shares of INR 10 per share with a premium of INR 6,48,992.

Source: https://inc42.com/buzz/ofbusiness-raises-34-mn-series-d-funding-from-norwest-others/