Launch
OfBusiness launches AI discovery platform Nexizo for SMEs
By Startup Enthusiast ·
- Date
- Company
- OfBusiness
- What it does
- B2B raw materials procurement platform
- Kind
- Launch
- Founded
- 2016
What they do
OfBusiness is a B2B platform for raw materials procurement, credit and market insights
What happened
It launched Nexizo, an AI-powered discovery platform for SMEs in infrastructure and manufacturing
Why it matters
The company aims to generate Rs 2,000 crore from Nexizo this fiscal year. sector": "commerce tags": ["AI", "SME", "procurement", "infrastructure",…
About OfBusiness
- Product
- Marketplace platform connecting SMEs to commodities including steel, metals, chemicals, agricultural products, textiles; includes financing and supply chain services
- Customers
- Small and medium enterprises seeking streamlined access to commodities, financing, and logistics
- How it makes money
- B2B marketplace model with commission on transactions and financing services
- What sets it apart
- Diversified vertical portfolio including apparel exports to top global retailers; operates across 75 countries
More on OfBusiness
- OfBusiness reports higher profit despite revenue dip21 September 2026 · Results
- OfBusiness scales manufacturing across metals, chemicals and apparel10 September 2026 · Milestone
- OfBusiness apparel vertical revenue jumps 256% in FY2625 August 2026 · Results
- OfBusiness plans $800m IPO for November 2026 listing5 August 2026 · IPO · $800 million
- OfBusiness exports double, revenue dips 7% in FY2629 July 2026 · Results
- Z47 plans $200 million stake sale in OfBusiness10 June 2026 · Stake sale · $200 million
- OfBusiness cofounder Nitin Jain quits for manufacturing venture17 December 2025 · People
- OfBusiness buys out Indian Design fully6 December 2025 · Acquisition
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