https://techcrunch.com/2021/12/19/india-ofbusiness-valued-at-5-billion-in-325-million-funding/

OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small businesses with credit, has secured its fourth financing round this year and is now valued at about $5 billion.

Alpha Wave Global, Tiger Global, and SoftBank Vision Fund 2 led the startup’s $325 million Series G financing round. Alpha Wave Global, formerly known as Falcon Edge Capital, invested in OfBusiness through its new $10B+ fund called Alpha Wave Ventures II. TechCrunch, which first reported about Falcon Edge Capital’s new fund and rebranding, reported in October that OfBusiness was in talks with Tiger Global and Alpha Wave Global to raise a new round at over $4.6 billion valuation.