OfBusiness

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OfBusiness OfBusiness (OFB) is Indiaโ€™s leading and most efficient B2B commerce platform, specialising in metals, chemicals, apparel, and processed food.

Oxyzo (financial services arm of OFB) offers working capital solutions tailored to the specific needs of SMEs. The Group started with a stated mission of addressing SME challenges holistically across procurement, lending and business generation in the core economic sectors of infrastructure and manufacturing. The following three platforms operate in tandem:

OfBusiness - The platform gives SMEs the choice to procure raw materials from multiple brands and suppliers with greater price transparency. For a more comprehensive offering, OfBusiness has also expanded its portfolio to include its own brands and other higher-value products. Oxyzo - The lending platform began with Purchase Financing, a cash-flow-based solution that helps SMEs procure raw materials. It has since expanded to offer more than 11 financial products, including term loans and cash credit facilities. BidAssist - BidAssist is an AI-powered intelligence platform used by 1.5 million businesses. It tracks, organises, and matches government procurement opportunities to your business. So, you discover, prepare, and win the right contracts faster. As of 2026, the Group employs 30,000+ people, with a turnover of โ‚น20,000 Cr and a PAT of โ‚น700 Cr.

Would you know what to do if someone around you faced a medical emergency?In an emergency, the first few minutes can mak...
23/10/2026

Would you know what to do if someone around you faced a medical emergency?

In an emergency, the first few minutes can make all the difference.

At OfBusiness, we believe a safe workplace is one where people are not only looked after but also equipped to look out for one another.

With this in mind, we recently organised a Basic Life Support (BLS) training session for our OfBusiness and Oxyzo teams at our Gurugram office.

From learning CPR to recognising medical emergencies, our teams gained practical skills to respond quickly and confidently when every second counts.

Because caring for our people also means preparing them to care for others.

Thatโ€™s a wrap on SIAL Paris 2026! ๐ŸŒFive days of meaningful conversations, new connections and exciting opportunities acr...
21/10/2026

Thatโ€™s a wrap on SIAL Paris 2026! ๐ŸŒ

Five days of meaningful conversations, new connections and exciting opportunities across the global food industry.

From showcasing our capabilities to engaging with industry leaders, partners and businesses from across the world, SIAL Paris provided an incredible platform to exchange ideas, explore collaborations and strengthen our global connections.

A big thank you to everyone who visited our stall, interacted with our team and made the event a success.

May the spirit of Dussehra inspire us to overcome challenges, embrace new beginnings, and move forward with strength, po...
20/10/2026

May the spirit of Dussehra inspire us to overcome challenges, embrace new beginnings, and move forward with strength, positivity, and purpose. โœจ

This Vijayadashami, OfBusiness and Oxyzo wish you and your loved ones happiness, prosperity and continued success.

Happy Dussehra! ๐Ÿช”

A little colour, a lot of festive cheer, and countless smiles! ๐ŸŒˆโœจThis Navratri, our teams at OfBusiness and Oxyzo swappe...
19/10/2026

A little colour, a lot of festive cheer, and countless smiles! ๐ŸŒˆโœจ

This Navratri, our teams at OfBusiness and Oxyzo swapped their usual office looks for vibrant colours, bringing festive energy, laughter and a whole lot of enthusiasm to the workplace!

From coordinating outfits to spotting colleagues dressed in the same colours, every day brought its own little moments of joy.

And thatโ€™s what makes workplace celebrations special. Beyond the festivities, itโ€™s about connecting with colleagues, creating memories and building a culture where everyone feels part of something bigger.

Because great teams donโ€™t just work together. They celebrate together, too!

Hereโ€™s a peek at our colourful Navratri celebrations! โœจ

OfBusiness is heading to SIAL Paris 2026!Our Gherkins Division (formerly Koeleman) will showcase its range of gherkins, ...
16/10/2026

OfBusiness is heading to SIAL Paris 2026!

Our Gherkins Division (formerly Koeleman) will showcase its range of gherkins, jalapeรฑos, baby corn and other pickled vegetables, connecting with food industry professionals and businesses from around the world.

Attending SIAL Paris? Get in touch with our team and explore collaboration opportunities.

๐Ÿ“… 17โ€“21 October 2026
๐Ÿ“ Paris Nord Villepinte, France
๐Ÿข Hall 3 | Stand 3 A212

We look forward to meeting you in Paris!

India is targeting 604 million tonnes of steelmaking capacity by 2047. What's behind this ambition?India's proposed Nati...
13/10/2026

India is targeting 604 million tonnes of steelmaking capacity by 2047. What's behind this ambition?

India's proposed National Steel Policy โ€“ Vision 2047 outlines plans to nearly triple the country's crude steelmaking capacity from around 220 million tonnes today.

But capacity expansion is only one part of the roadmap. The proposed policy also sets out some significant targets:

โ€ข 505 million tonnes of finished steel demand by 2047
โ€ข 772 million tonnes of iron ore demand
โ€ข 23 million tonnes of steel scrap consumption
โ€ข 39% reduction in carbon emissions intensity per tonne of crude steel

The roadmap also focuses on securing raw materials, improving logistics, expanding recycling infrastructure and supporting technology upgrades across the secondary steel sector.

For India's steel producers, suppliers and manufacturers, the next two decades will be about more than producing additional steel. Ensuring reliable raw material supplies, improving cost competitiveness and adopting cleaner production methods will be just as important.

OfBusiness Oxyzo

Source: BigMint | National Steel Policy โ€“ Vision 2047 (Proposed)

12/10/2026
09/10/2026

๐ŸŽฌ ๐–๐ž๐ฅ๐œ๐จ๐ฆ๐ž ๐ญ๐จ ๐„๐ฉ๐ข๐ฌ๐จ๐๐ž ๐Ÿ’ ๐จ๐Ÿ ๐‚๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐‚๐š๐ฉ๐ฌ๐ฎ๐ฅ๐ž๐ฌ.

The Green Jacket. More than a recognition - a symbol of excellence, commitment, and a culture of raising the bar. ๐Ÿ’š

Inspired by the iconic Green Jacket tradition of Augusta National, we brought The Green Jacket to OfBusiness & Oxyzo Financial Services in April 2026 - celebrating those who go beyond the expected and create an impact that inspires others.

What makes the tradition special? The previous winner honours the next.

With every new jacket, the tradition moves forward - carrying with it the spirit of excellence, ownership, commitment, and continuous growth.

And for the very first reveal, Lokesh Garg, our first-ever OfBian/OXYZian of the Month in 2016, brought the story full circle - connecting a decade-old culture of recognition with a tradition created for the future.

Because the Green Jacket is not just about recognizing excellence. Itโ€™s about setting a standard for others to follow. ๐Ÿ’š

โ‚น๐Ÿ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ ๐œ๐ซ๐จ๐ซ๐ž ๐ข๐ง ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž, โ‚น๐Ÿ•๐Ÿ“๐ŸŽ+ ๐œ๐ซ๐จ๐ซ๐ž ๐๐€๐“ ๐š๐ง๐ ๐Ÿ’๐ŸŽ+ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐š๐ง๐ ๐ฉ๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐ฎ๐ง๐ข๐ญ๐ฌ. ๐–๐ก๐š๐ญ ๐๐จ๐ž๐ฌ ๐ข๐ญ ๐ญ๐š๐ค๐ž ๐ญ๐จ ๐›๐ฎ๐ข๐ฅ๐ ๐š ๐๐Ÿ๐ ๐›...
07/10/2026

โ‚น๐Ÿ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ ๐œ๐ซ๐จ๐ซ๐ž ๐ข๐ง ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž, โ‚น๐Ÿ•๐Ÿ“๐ŸŽ+ ๐œ๐ซ๐จ๐ซ๐ž ๐๐€๐“ ๐š๐ง๐ ๐Ÿ’๐ŸŽ+ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐š๐ง๐ ๐ฉ๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐ฎ๐ง๐ข๐ญ๐ฌ. ๐–๐ก๐š๐ญ ๐๐จ๐ž๐ฌ ๐ข๐ญ ๐ญ๐š๐ค๐ž ๐ญ๐จ ๐›๐ฎ๐ข๐ฅ๐ ๐š ๐๐Ÿ๐ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐š๐ญ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐œ๐š๐ฅ๐ž?

Our Co-Founder, Vasant Sridhar, joined Jivraj Singh Sachar on the Indian Silicon Valley Podcast to talk about how OfBusiness Group has grown across procurement, financing, manufacturing and exports, and why return on capital remains an important business metric.

Our Co-Founder also speaks about building teams with ownership, giving people responsibility early, and developing leaders from within the organisation.

๐–๐š๐ญ๐œ๐ก ๐ญ๐ก๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐œ๐จ๐ง๐ฏ๐ž๐ซ๐ฌ๐š๐ญ๐ข๐จ๐ง ๐ก๐ž๐ซ๐ž: https://www.youtube.com/watch?v=ykiMUMO2cWc&list=PLGK0AFnhlBXULSOqko6u8Uug4jZglZHIL

Indiaโ€™s metal recycling industry could face tighter scrap availability in the coming years.Under the European Commission...
05/10/2026

Indiaโ€™s metal recycling industry could face tighter scrap availability in the coming years.

Under the European Commissionโ€™s current draft list, India has not been authorized to receive certain non-hazardous waste exports from the EU. If this remains unchanged, exports of such waste to India would be restricted from 21 May 2027.

The EU says the tighter rules are intended to ensure that exported waste is processed safely and in line with its environmental standards. Non-OECD (Organisation for Economic Co-operation and Development) countries that want to keep receiving EU waste must show they can manage and process it safely. India has applied to remain eligible.

The impact could be significant because the EU is already an important source of scrap for India. In 2025/26, it accounted for around 20% of Indiaโ€™s aluminium scrap imports, 22% of copper and copper-alloy scrap, 20% of lead scrap, and 40% of zinc scrap.

If these supply routes are disrupted, Indian recyclers may need to source more scrap from alternative markets or rely more on virgin metals, with possible implications for availability and raw-material costs.

Indiaโ€™s Commerce Ministry has said it remains engaged with the EU on the matter, while the proposal is still under consultation. The EU is expected to finalize by the end of 2026 which countries will be allowed to continue receiving these waste exports.

Address

OFB Tech Ltd. Global Business Park, 6th Floor Tower A, Sector 26 MG Road Gurgaon 122002
Gurugram
122001

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