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Oxyzo forays into fund management with launch of Credit Fund I

EntrackrEntrackr · 11d ago
Oxyzo forays into fund management with launch of Credit Fund I
Medial

Oxyzo has launched Oxyzo Credit Fund I (OCF-I), a performing credit fund under its alternative investment platform, and has entered the fund management business through a new subsidiary, Oxyzo Investment Manager Private Limited. OCF-I will provide secured credit to mid-sized, investment-grade companies to meet their growth capital requirements. According to the company, the fund will focus on secured investments and has completed its first close. Its investor base includes high-net-worth individuals, family offices, and institutional investors. The fund is registered as a Category II Alternative Investment Fund with the Securities and Exchange Board of India (SEBI). Tourism Finance Corporation of India (TFCI) has approved an investment of up to 5% of the total corpus of OCF-I, as per regulatory disclosures. Oxyzo Investment Manager commenced operations in July 2025 after filing its first fund and received approval for the fund in November last year. The fund management arm plans to scale assets to around Rs 3,000 crore over the next four to five years across strategies. OCF-I will also prioritize investments in ESG-compliant companies, the firm said. Oxyzo Financial Services reported an operating revenue of Rs 1,207 crore in FY25, compared to Rs 903 crore in FY24. Its net profit after tax rose to Rs 340 crore in FY25 from Rs 291 crore in the previous fiscal year. As of FY25, Oxyzo reported total income of Rs 1,211 crore and total assets of Rs 9,236 crore. The company operates as a technology-led NBFC focused on lending to small and medium enterprises and has expanded into structured credit and fund management through its investment management subsidiary. Oxyzo achieved unicorn status following its $200 million Series A round led by Alpha Wave and Tiger Global. Its parent OfBusiness is also gearing up for a $1 billion IPO, expected to include a combination of a fresh issue and an offer for sale.

Exclusive: Oxyzo clocks Rs 330 Cr PAT on Rs 1,207 Cr revenue in FY25

EntrackrEntrackr · 9m ago
Exclusive: Oxyzo clocks Rs 330 Cr PAT on Rs 1,207 Cr revenue in FY25
Medial

According to consolidated financial statements reviewed by Entrackr, Oxyzo’s operating revenue rose to Rs 1,207 crore in FY25, up from Rs 903 crore in FY24. Following a 58% year-on-year growth in FY24, B2B fintech unicorn Oxyzo Financial Services continued its strong momentum in FY25, recording a 33.7% YoY increase in revenue for the fiscal year ended March 2025. The company also reported a 16.5% rise in profit during the same period. Oxyzo, the lending arm of the industrial goods and services procurement platform OfBusiness, offers credit solutions and loans to small and medium enterprises (SMEs) and startups. Interest income from loan disbursements contributed 95% of its total operating revenue, which rose to Rs 1,141 crore in FY25. The remaining revenue came from fees and commissions. As a lending-focused company, finance costs emerged as the largest expense for Oxyzo, accounting for 58% of its total spending. These costs climbed to Rs 439 crore in FY25, in line with the company's expanding scale. Oxyzo spent Rs 143 crore on employee benefits. Its legal, impairment, administrative, and other operational expenses contributed to a total expenditure of Rs 755 crore in FY25, up from Rs 514 crore in FY24. The combination of topline growth and controlled cost mechanism helped the company post a 16.5% growth in profits, which rose to Rs 339 crore in FY25, compared to Rs 291 crore in the previous fiscal year. Oxyzo raised approximately $200 million in 2022, achieving unicorn status following its Series A round led by Alpha Wave and Tiger Global. The company also plans to raise a fresh round of equity in the second half of FY26 in the range of $100-150 million. According to startup data intelligence platform TheKredible, the OFB group, including its promoters, holds a 74.5% stake, while Alpha Wave is the largest external investor with a 7.4% share, followed by Tiger Global. Its parent OfBusiness is also gearing up for a $1 billion IPO, expected to include a combination of a fresh issue and an offer for sale.

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