OfBusiness, a technology enabled SME financing platform, has raised Rs 200 crore ($29 million) in a Series C financing round led by American private equity and venture capital firm Creation Investments and Falcon Edge, it announced on Wednesday.
Existing investors Matrix Partners India and Zodius Capital also participated in the latest round, taking the company’s total funding via equity and debt to Rs 500 crore ($73 million) till date, the company said in a statement.
