India ·
SoftBank-backed OfBusiness revives IPO plans, targeting an $800M–$1B raise with an OFS by existing investors
The B2B commerce and financing platform is said to be reviving IPO plans shelved amid earlier market conditions, pairing a roughly $260M fresh issue with an offer-for-sale by existing shareholders and targeting a $5–6B valuation — essentially in line with the ~$5B mark from its 2021 SoftBank/Tiger Global/Alpha Wave round rather than a fresh markup.
Source: Bloomberg (via Whalesbook) ↗
Frequently asked questions
Is this an original report, or a copy of the source article?
This is original commentary and context written for this site, citing Bloomberg (via Whalesbook) as the source. Read the full original reporting at the source link below.
How current is this information?
This item reflects reporting as of 5 August 2026. Secondary-market situations like this one can change quickly — check the source link for the latest developments.