Indian entrepreneur Asish Mohapatra is the co-founder of two Indian unicorn startups. After completing his B. Tech at IIT Kharagpur, he began his career in March 2002 by accepting a position as a Maintenance Manager and later as an Operations Manager at ITC Ltd. He was in charge of a team of a thousand employees at ITC. Read More Business News on our website.
Asish Mohapatra Wiki, Age
In 2015, Asish Mohapatra joined OfBusiness to begin his career as an entrepreneur. In a brief time of eight years, not just his organization is esteemed an incredible 5 billion bucks (Rs 44,000 crore), it is greatly beneficial too. The graduate of IIT Kharagpur intends to make his company the first startup with a PAT (profit after tax) of 100 million dollars. In spite of doing so all things considered, he doesn’t have a much-merited corner office.
He left ITC in 2005 to seek after MBA. He got a job at McKinsey & Company after earning his master’s degree. Asish Mohapatra spent a significant amount of time at McKinsey advising multinational corporations and domestic Indian companies on pharmaceuticals, medical equipment, and pharma support services because he was particularly interested in the healthcare industry.
During his time at McKinsey & Company, he met Ruchi Kalra, who is now his wife.
Asish started as a senior associate at Matrix Management Corporation in 2010. He served on the boards of nine portfolio companies and seven healthcare businesses. Close to 5 years after the fact, toward the finish of 2015, Asish left Network and found a startup called OFB Tech Pvt. Ltd or OfBusiness, which provides SMEs with a single location where they can obtain secured and unsecured credit.
Asish Mohapatra Net Worth & Career
Asish’s request for funding was turned down 73 times in 2016. Six years later, in July 2021, Asish’s OfBusiness became a unicorn thanks to the backing of SoftBank Group Corp., a Japanese multinational conglomerate. At a valuation of approximately $1.5 billion, it concluded a funding round of $160 million.
The Indian Institute of Corporate Affairs authorised Asish as an independent director in November 2020.
The first organisation Asish served as a director of was Meditrina Hospitals Pvt. He sits on the boards of Omat Business Private Limited, Samruddhi Organic Farm (India) Private Limited, Oxyzo Financial Services Private Limited, Ofb Tech Private Limited, and Ofg Manufacturing Businesses Private Limited as a nominee director.
Asish, his wife, and a small group of motivated team members founded Oxyzo, which offers SMES acquisition finance, in 2016. A year after OfBusiness in 2022, Oxyzo also experienced unicorn status. Asish enjoys blogging and is fluent in a number of languages, including Bengali, Hindi, English, Oriya, and others.