B2B ecommerce unicorn OfBusiness’ lending arm Oxyzo Monetary Providers has launched its maiden credit score fund, marking its formal entry into the fund administration enterprise by a brand new subsidiary.

The fund, Oxyzo Credit score Fund I (OCF-I), has been arrange underneath the corporate’s different funding platform and can present secured credit score to mid-sized, investment-grade corporations searching for development capital. The fund is registered as a Class II Various Funding Fund with the SEBI.

OCF-I is managed by Oxyzo Funding Supervisor Non-public Restricted, a completely owned subsidiary of Oxyzo. The funding supervisor commenced operations in July 2025 after submitting its first fund and obtained regulatory approval in November 2025. The fund has accomplished its first shut and has begun deploying capital.

In line with the corporate, OCF-I’ll give attention to secured, performing credit score alternatives with the purpose of producing regular, risk-adjusted returns whereas defending capital. It can additionally prioritise investments in ESG-compliant corporations. Its investor base contains high-net-worth people, household places of work and institutional traders.

In a regulatory disclosure, Tourism Finance Company of India stated it has authorised an funding of as much as 5% of the whole corpus of OCF-I.

By its funding administration arm, Oxyzo plans to scale its general fund administration enterprise to round Rs 3,000 crore over the subsequent 4 to 5 years throughout a number of methods.

Based in 2016 by Ashish Mohapatra, Bhuvan Gupta, Ruchi Kalra and Vasant Sridhar because the lending arm of OfBusiness, Oxyzo operates as a technology-led NBFC centered on lending to small and medium enterprises. It offers loans for the acquisition of uncooked supplies and equipment, in addition to for provide chain and dealing capital necessities. Lately, it has expanded into structured credit score and now fund administration.

For FY25, Oxyzo reported working income of Rs 1,207 crore, up from Rs 903 crore in FY24. Web revenue after tax rose to round Rs 340 crore from Rs 291 crore within the earlier fiscal. Complete earnings stood at Rs 1,211 crore, whereas complete belongings have been reported at Rs 9,236 crore as of FY25.

The corporate achieved unicorn standing in 2022 after elevating $200 million in a spherical led by Alpha Wave and Tiger World. So far, it has raised greater than $264 million from traders together with Z47, Hinduja Leyland Finance and AK Capital.

In the meantime, guardian OfBusiness is getting ready for a public itemizing. The corporate has transformed right into a public entity and rechristened itself as OFB Tech Restricted as a part of its IPO plans, although it’s but to file its draft pink herring prospectus with SEBI. The proposed IPO is predicted to be round $1 Bn and should comprise a mixture of a contemporary subject and a suggestion on the market.

On the monetary entrance, OfBusiness reported a 30% improve in web revenue to Rs 603 crore in FY24 from Rs 463.2 crore in FY23. Working income rose over 25% to Rs 19,296.3 crore from Rs 15,342.6 crore within the earlier fiscal yr.