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India’s ‘Unicorn Couple’ Aim for First Startup IPO Within a Year

  • Ruchi Kalra says OfBusiness could even float in six months
  • Kalra and her husband both founded separate unicorns
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Oxyzo Financial Services Co-founder Ruchi Kalra discusses how she and her husband built their respective startups into enterprises with at least $1 billion valuation, also known as unicorns.Markets: Asia”.

An Indian couple that became the country’s first husband and wife to build separate billion-dollar startups is angling to debut one of those firms on public markets as soon as this year.

OfBusiness, a supplier of raw materials from steel to chemicals to small businesses, could go for an initial public offering in six months to a year, Ruchi Kalra, who co-founded the startup with husband Ashish Mohapatra, told Bloomberg Television on Monday. The couple’s other endeavor, digital lending startup Oxyzo, could float shares in about two years, she added.