Ofb News

Companies

Click Moment | ‘We chose to be a full-fledged lending entity: Asish Mohapatra, Co-founder and CEO, OfBusiness

n the supply side, third-party financiers were not moving at a pace that a nimble startup needs, thus not creating a great user experience i.e. service

1 min read22 Nov 2019
Companies

OfBusiness raises ₹250 crore in Series D round led by Norwest Venture Partners

Its existing investors, Falcon Edge Capital and Matrix Partners, also participated in the roundThe investment also indicates Norwest’s increased bullishness on the Indian market

1 min read24 Sep 2019
Politics

CAG raps OFB for critical deficiency in supply of ammunition

The CAG has criticised the state-run Ordnance Factory Board (OFB) for critical deficiency in availability of ammunition to the Army since March 2013

2 min read22 Jul 2017
Companies

TPG Capital in talks with Fortis Healthcare for stake sale

In other news, private equity and venture capital investments plunged 50% to $908 million in November from $1.82 billion in the year earlier

4 min read13 Dec 2016
Politics

Defence could be sunrise industry for Indian firms in the next decade: Report

With the PM pushing for cutting imports in this sector, India's defence outlay is pegged at $248 bn over the next 10 years

4 min read21 Jul 2014
Politics

Six arms firms barred from defence deals for 10 years

Six arms firms barred from defence deals for 10 years

2 min read5 Mar 2012

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