The company’s jump in revenue and PAT comes mainly on the back of its expansion into the marketplace with more value-added-products as well as its penetration into global markets during the last financial year.
Founded in 2015 by Asish Mohapatra, Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta and Nitin Jain, OfBusiness serves as a marketplace for small and medium enterprises.
Mamaearth parent Honasa Consumer has set a price band of Rs 308-324 per share for its upcoming initial public offering (IPO). This and more in todays ETtech Top 5.
The Economic Times Startup Awards ceremony took place in Bengaluru, where the focus shifted to profitability and sustainable growth for Indian startups. The event featured panel discussions and speeches by Union Minister Piyush Goyal and Minister of State for IT Rajeev Chandrasekhar.
Union minister for commerce and industry Piyush Goyal and minister of state for electronics and IT Rajeev Chandrasekhar will be the guests of honour at the high-octane event.