OfBusiness Unicorn

Direct access to bulk raw materials (steel, chemicals, polymers, agri-commodities, construction materials) at reduced prices by cutting out intermediaries, with pricing transparency and logistics management.

Structured credit (purchase finance, work-order finance, invoice discounting, vendor finance, machinery finance) bundled with procurement via NBFC arm Oxyzo, reducing SME collateral burden.

BidAssist aggregates and recommends government and private tenders using a proprietary recommendation engine ('Cipher'), free of cost, saving SMEs up to 50% of tender-search time.

Core customers are small and medium enterprises and mid-sized companies in manufacturing, agriculture, infrastructure and construction sourcing raw materials.

Emerging corporates, micro-enterprises and SMEs across agriculture, auto manufacturing, logistics, pharma and infrastructure needing structured credit via Oxyzo.

SMEs seeking discovery of and access to government and private tender opportunities through the BidAssist platform.

Combining raw-material supply with embedded credit creates a repeat-transaction relationship where returning buyers strengthen payment/underwriting data for future credit.

BidAssist's zero-cost tender-discovery tool is used as a relationship/acquisition layer with a paid premium tier, building loyalty among ~2 Mn SME users at low acquisition cost.

Core web/app platform (ofbusiness.com) for live commodity pricing, quotes and order management across 500+ raw materials.

Separate fintech/NBFC platform (oxyzo.in) for disbursing structured working-capital credit.

Dedicated tender-discovery app and website (bidassist.com, on Google Play) sourcing tenders from 80,000+ sources across 200+ countries.

Physical delivery network engaging thousands of transporters to move materials directly to customer sites across 26 states and 7 union territories, handling roughly 150,000 consignments a year.

Sourcing and aggregating demand for steel, non-ferrous metals, polymers, chemicals, energy/petroleum, agri-products and construction materials at scale.

Assessing SME creditworthiness and originating/disbursing working-capital loans via Oxyzo.

Sourcing, extracting and normalizing tender data (45+ fields, 50+ languages, 80,000+ sources) for BidAssist users.

Coordinating delivery of materials to customer sites across 26 states and 7 union territories via a transporter network.

Proprietary tech stack spanning the procurement marketplace, Oxyzo's underwriting/lending engine and BidAssist's ML/NLP tender-matching engine ('Cipher').

RBI-registered NBFC status and an AUM of Rs 8,500+ crore give OfBusiness a captive balance sheet to underwrite SME credit.

In-house manufacturing facilities (e.g. for steel and other high-demand materials) supplementing pure trading.

Sourcing partnerships across mild steel, non-ferrous metals, polymers, chemicals, energy/petroleum and agri-products supply chains.

Debt-financing relationships (e.g. Kotak Mahindra Bank) to fund the working-capital/lending business.

Data partnerships/coverage of government and private tender-issuing authorities across 200+ countries feeding the BidAssist platform.

Sale/facilitation of bulk raw materials is the core revenue line.

Interest and fee income earned by NBFC arm Oxyzo on its SME working-capital loan book.

Manufacturing of select raw materials (e.g. steel products) directly, rather than only trading them.

Paid tier on top of the freemium BidAssist tender-discovery platform.

The dominant cost line is the cost of materials purchased/procured for resale to customers.

Salaries and benefits across commerce, lending and technology teams.

Cost of borrowed funds is the largest expense line for lending arm Oxyzo.

Costs of running the transporter network to deliver materials to customer sites nationwide.