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OFB Tech Pvt. Ltd, which operates fin-tech platform OfBusiness, has raised $29 million (Rs. 200 crore) in a Series C round of funding led by Creation Investments and Falcon Edge.
Rajaram Legal acted for OFB Tech and the existing investor – Matrix Partners India and Zodius Capitals. The Rajaram team included Partner Archana Rajaram and Priyadarshani Sherchan and Associate Hemanth Joseph.
J. Sagar Associates acted for Creation Investments and the team was led by Partner Lalit Kumar along with Principal Associate Bharati Joshi and Associates Rishabhdev Jain and Amandeep Singh Virk.
Goodwin Procter advised Falcon Edge with a team led by Partner Yash Rana along with Ananth Lakshman.
The Series C round takes the total the company has raised so far in equity and debt funding to Rs. 500 crore, reported VCCircle.