Oxyzo Raises INR 533 Cr Debt From Neo Group, Others
inc42
Updated On: 20 May 2025
Not sure which loan to go for?
Unlock your loan potential with our expert guidance!
Fintech unicorn Oxyzo, the lending arm of IPO-bound B2B ecommerce startup OfBusiness, has secured INR 533 Cr (around $62.4 Mn) in a debt funding round led by Neo Group.
The Ruchi Kalra-led startup issued 53,300 non-convertible debentures (NCDs) at INR 1 Lakh apiece to multiple investors between March and April to raise the