Oxyzo joined the Unicorn Club on March 23, 2022 after reaching a valuation of approximately $1 billion. Headquartered in Gurugram, Haryana, India, Oxyzo provides alternative lending solutions for SMEs and corporates across multiple industries.
The company offers working capital financing, purchase finance, vendor finance, and other credit products to support business growth and liquidity needs.
Keep reading to learn how Oxyzo became a unicorn in India's alternative lending ecosystem.
What Is Oxyzo and What Does It Do?
Founded in 2016, Oxyzo is an alternative lending platform offering customized financial solutions to small and medium enterprises and large corporates. Its product suite includes working capital loans, invoice discounting, machinery finance, purchase finance, and business loans.
Oxyzo serves businesses across agriculture, automotive, capital goods, and consumer goods sectors, focusing on fast credit access, structured financing, and risk based lending models.
How Much Funding Has Oxyzo Raised?
1. Conventional Debt Round
- Amount Raised: $62.3 million
- Date: May 2025
- Lead Investors: Institutional lenders
- Purpose: Expand lending capacity and support growing credit demand from SMEs and corporates
2. Equity Funding Rounds
Series A Round
- Amount Raised: Approximately $138.7 million
- Lead Investors: Tiger Global Management, Alpha Wave Global
- Purpose: Scale lending operations, expand credit products, and strengthen underwriting capabilities
Total Funding Raised: $201 million Latest Funding Date: May 2025 Latest Known Valuation: Approximately $1 billion
Key Investors
- Tiger Global Management
- Details: Global investment firm backing high growth technology and financial services companies
- Focus Areas: Fintech, internet platforms, SaaS, and consumer technology
- Alpha Wave Global
- Details: Investment firm focused on growth stage technology driven businesses
- Focus Areas: Financial services, enterprise platforms, and emerging market technology companies
Where Is Oxyzo's Headquarters?
Oxyzo is headquartered in Gurugram, Haryana, India, serving as the central base for its lending operations, risk management, and corporate teams.
What's Next for Oxyzo?
Oxyzo plans to expand its alternative lending portfolio, increase credit access for underserved businesses, and enhance risk assessment capabilities. The company is focused on scaling debt financing, strengthening partnerships, and supporting SMEs across India with flexible and efficient financing solutions.
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