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§ Venture Capital
OfBusiness Founders Fund operates as an investment vehicle, strategically deploying capital into early-stage companies across sectors. It leverages its founders' extensive entrepreneurial expertise to provide active guidance, helping portfolio companies scale operations. The fund emphasizes direct engagement and mentorship, fostering innovation and growth among investees.
The fund was established by the founders of OfBusiness, a B2B e-commerce and fintech platform. Srinath Ramakkrushnan, Bhuvan Gupta, Ruchi Kalra, Asish Mohapatra, and Nitin Jain, who co-founded OfBusiness in 2015, initiated this venture. Their collective experience building a successful enterprise informs the fund's dedication to nurturing promising new companies.
OfBusiness Founders Fund targets high-potential startups seeking financial backing and expert mentorship. Its vision is to cultivate a dynamic ecosystem of innovative businesses by identifying strong founders. The fund aims to empower these ventures with resources and strategic direction, enabling them to achieve significant development and impact.
OfBusiness Founders Fund has 1 tracked investment across 1 company. The latest tracked deal is $1.5M Seed in Bidso in August 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 9, 2023 | Bidso | $1.5M Seed | Ankur Pahwa | Mohit Sadaani, Nishit Garg, Revant Bhate, Saurabh Jain, DeVC |