Profitable credit solutions powering India’s manufacturing SMEs
Oxyzo, the financial services arm of OfBusiness, has emerged as a profitable and scalable lending platform focused on India’s manufacturing SMEs. By combining deep sector understanding with tech-enabled credit assessment, Oxyzo is addressing the chronic financing gap in this vital economic segment.
The Oxyzo Advantage
Oxyzo’s unique model leverages OfBusiness’s procurement data to assess creditworthiness, enabling faster decisions and better risk management than traditional lenders. The platform specializes in:
- Working capital loans
- Equipment financing
- Supply chain financing
- Invoice discounting
Technology-Driven Lending
Oxyzo’s proprietary underwriting system integrates multiple data points:
- Procurement history: From OfBusiness’s marketplace
- Bank statements: Automated analysis of cash flows
- GST returns: Verification of business volumes
- Sector benchmarks: Industry-specific performance metrics
This data-driven approach enables:
- 48-hour loan approvals
- Customized repayment schedules
- Dynamic credit limits
- Competitive interest rates
Sector Impact
Oxyzo has particularly transformed financing for:
- Small manufacturing units
- Industrial component suppliers
- Infrastructure contractors
- Process industries
With its healthy profitability and strong unit economics, Oxyzo demonstrates how specialized fintech platforms can serve SME segments that traditional banks often overlook.
In India’s fast-evolving fintech landscape, Oxyzo Financial Services has carved a distinct identity as one of the country’s most profitable and impactful digital lenders for small and medium enterprises (SMEs). Born as the financial arm of OfBusiness, a B2B commerce unicorn, Oxyzo has rapidly emerged as a crucial player bridging the credit gap for underserved businesses while maintaining a strong growth trajectory.
Launched in 2016, Oxyzo’s mission has been clear: to provide fast, flexible, and affordable financing solutions to SMEs—a sector that traditionally faces barriers in accessing formal credit. By leveraging OfBusiness’s ecosystem data, including supply chain insights, procurement patterns, and transaction history, Oxyzo is able to underwrite loans with greater accuracy and lower risk compared to conventional lenders.
What sets Oxyzo apart is its unique model that integrates finance with commerce. While OfBusiness enables SMEs to procure raw materials like steel, cement, and chemicals at competitive prices, Oxyzo ensures these businesses have the working capital required to keep operations running smoothly. This synergy has created a powerful growth loop, enabling SMEs to scale faster while improving repayment discipline.
Financially, Oxyzo stands out as one of the few profitable fintechs in India. The company crossed the unicorn milestone in 2022 after raising $200 million in its Series A funding led by Alpha Wave, Tiger Global, and others. Unlike many fintech peers chasing top-line growth, Oxyzo has consistently focused on sustainable unit economics, boasting strong margins and a healthy loan book.
Beyond financing, Oxyzo is expanding into green financing and supply chain digitization, aligning with India’s broader goals of digital transformation and sustainable industrial growth. Its commitment to SMEs positions it as a key enabler in India’s journey to become a $5 trillion economy, where small businesses are expected to contribute nearly 30% of GDP.
As global investors seek resilient, high-impact fintech stories, Oxyzo exemplifies how combining technology, commerce, and finance can unlock massive opportunities in underserved markets. For India’s 60 million SMEs, Oxyzo is more than just a lender—it’s becoming a long-term growth partner.With strong backing from marquee investors, Oxyzo is now exploring opportunities to deepen its SME reach, expand financial product offerings, and integrate AI-driven tools to streamline lending further.
👉 By strengthening access to credit, Oxyzo is not just powering SMEs but also accelerating India’s economic growth story. Its profitable track record makes it a benchmark in India’s fintech landscape.
