Oxyzo Financial Services, the lending arm of B2B ecommerce unicorn OfBusiness, has launched its debut credit fund, the Oxyzo Credit Fund I (OCF-I). This fund is designed to support mid-sized, investment-grade companies seeking growth capital.
The OCF-I will primarily target secured debt investments, focusing on performing credit opportunities to deliver consistent, risk-adjusted returns while safeguarding invested capital. Managed by Oxyzo Investment Manager Private Limited, a subsidiary of Oxyzo, the fund has already initiated its investment activities after completing its initial funding round.
Notable investors in the fund include high-net-worth individuals, family offices, and institutional investors. Oxyzo Investment Manager aims to expand its fund management operations to approximately ₹3,000 Cr over the next few years across various investment strategies.
Established in 2016, Oxyzo initially operated as a lending entity within OfBusiness, providing financial assistance to SMEs for procurement, supply chain, and working capital needs. In its recent financial report, Oxyzo disclosed a 16.7% year-over-year increase in net profit and a 33.7% growth in operating revenue for FY25.
Oxyzo has secured significant funding from investors like Alpha Wave Global, Tiger Global, Z47, Hinduja Leyland Finance, and AK Capital. Meanwhile, its parent company, OfBusiness, is preparing for an IPO following its transition to a publicly traded entity.
Source: Inc42 Media