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Oxyzo forays into fund management with launch of Credit Fund I

Entrackr · 4h ago

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.