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Ofbusiness in talks with Softbank vision to raise USD 150 million

SoftBank Vision Fund is in talks to lead a $100-150 million round in lending eCommerce startup OfBusiness, valuing it at over $1.5 billion, making it a unicorn in a record-breaking year for startup funding and continuing the Japanese investor’s recent dealmaking spree, sources to Incubees.

Both OfBusiness and SoftBank declined to comment on the ongoing talks

OfBusiness is the fifteenth unicorn (startups valued at $1bn) to emerge this year out of India.



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