The funds will be used for driving digital adoption and financing access for SMEs.
The IPO-bound company converted itself into a public entity in January this year, which is a crucial step before going public. The SoftBank and Z47-backed company is planning for an IPO of $750 million to $1 billion, ET had reported.
Founded in 2015 by Asish Mohapatra, Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta and Nitin Jain, OfBusiness serves…