Ashish Mohapatra, an Indian entrepreneur, serves as the co-founder and CEO of the unicorn startup OFB Tech Pvt. Ltd, also known as OfBusiness.
PERSONAL INFORMATION
Born in 1980 in Cuttack, Orissa, Ashish Mohapatra’s mother, Mishra Kuku, held a Ph.D. from IIT Kharagpur and worked as a Physics professor at a college until her unfortunate passing in 2020 due to cancer. While his father’s identity remains undisclosed, Ashish has a sister. He is happily married to Ruchi Kalra, and together they have a daughter named Khusi Mohapatra.
EDUCATION
Ashish Mohapatra began his educational journey at SCP Medical Public School in Cuttack, where he pursued his ICSE 10th-grade education. He continued his studies in Physics, Chemistry, and Mathematics at Ravenshaw College in Cuttack during his 10+2 years. In 2002, he successfully obtained his B.Tech degree in Mechanical Engineering from the prestigious Indian Institute of Technology in Kharagpur. Approximately three years later, he enrolled in a PGP-MBA program at the Indian School of Business in Hyderabad.
PHYSICAL APPEARANCE
Height :- Not Known
Weight :- Not Known
Body Measurement :- Not Known
Hair Colour :- Blank
Eye Colour :- Black
CAREER
As an Employee
In 2001, Ashish embarked on a three-month summer trainee position at Reckitt & Colman. Following the completion of his B.Tech degree, he assumed the role of Maintenance Manager and later progressed to become an Operations Manager at ITC Ltd., where he skillfully led a team of a thousand individuals. His successful management tenure spanned nearly three years before he pursued his MBA in 2005 at ISB, Hyderabad.
Following the successful completion of his MBA, Ashish secured a position at McKinsey & Company, where fate introduced him to his wife, Ruchi. Within the firm, he assumed the role of an Engagement Manager, specializing in the Healthcare, Pharma, and Medical Products sector. In 2010, he transitioned to Matrix Management Corporation as a Senior Associate and ventured into the world of venture capitalism. During his four-year tenure at Matrix in Mumbai, he served as a board member for seven companies in the healthcare sector and nine portfolio companies. His journey at Matrix concluded in August 2015.
As an Entrepreneur
Towards the close of 2015, Ashish conceived an innovative idea to venture into the unexplored B2B sector through a fintech startup. Together with his wife and a dedicated team, they established a startup known as OFB Tech Pvt. Ltd, or OfBusiness, which acts as a comprehensive solution for SMEs seeking secured and unsecured credit. Ashish assumed the role of CEO from the company’s inception and began the quest for investments. In 2021, their company achieved unicorn status when it received substantial backing from the Japanese multinational conglomerate, SoftBank Group Corp., securing a staggering $160 million, valuing the company at $1.5 billion.
In 2016, Ashish, his wife, and a select few from their previous startup launched an offshoot named Oxyzo. Oxyzo served as a lending arm, specializing in providing purchase financing to SMEs. Remarkably, Oxyzo also achieved unicorn status in 2022.
As a Director
In November 2020, he received an independent Director license from the Indian Institute of Corporate Affairs. His directorial journey commenced with Meditrina Hospitals Pvt. Ltd. Over time, he assumed director roles in several companies, including Oagriva Alliance Private Limited, Oxyzo Financial Services Private Limited, Of Tech Private Limited, and Off Manufacturing Businesses Private Limited. Additionally, he served as a nominee director for Omat Business Private Limited and Samruddhi Organic Farm (India) Private Limited.
FAVOURITES
Favourite Singer :- Lata Mangeshkar, Shreya Ghosal
Favourite Month :- March
Favourite Quote :- When the going is tough, the tough get going
