This startup provides customized credit services for small and medium enterprises, offering low-interest, collateral-free loans with rapid processing times. By facilitating access to affordable financing, the company enables these businesses to expand operations and enhance profitability.
Funding
$330.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
SMEs and mid‑size corporations often lack sufficient working capital to purchase inventory, meet supplier payments, or fund asset acquisition, and traditional bank financing can be slow, collateral‑heavy, and inflexible. This cash‑flow gap hampers growth, reduces bargaining power with suppliers, and increases operating risk.
Solution
Oxyzo delivers a suite of digitally enabled financing products—Purchase Finance, Invoice Discounting, Vendor Finance, Working Capital Term Loans, Business Loans, Machinery Finance, and Loan‑against‑Property—tailored to the cash‑flow cycles of Indian enterprises. Applicants complete a brief online eligibility check; approved credit lines are disbursed within 48 hours, often without collateral. Interest accrues only on the amount drawn, and repayment schedules can be aligned with invoice or sales cycles. The platform provides real‑time tracking, automated documentation, and industry‑specific credit limits, enabling businesses to secure low‑cost funding, preserve liquidity, and scale operations without the delays of conventional lending.
Target Audience
The primary customers are Indian SMEs and emerging corporates (annual turnover ≥ ₹3 crore, operating ≥ 3 years) across manufacturing, infrastructure, agriculture, consumer goods, auto ancillary, and related sectors that require short‑term working capital or asset financing.
Features
- End‑to‑end online application and eligibility verification (2‑minute check) with 48‑hour fund disbursement.
- Unsecured credit lines (no land, property or bank guarantees) and secured options (property‑backed loans) to suit varying risk profiles.
- Usage‑based interest pricing starting at 12 % p.a.; one‑time processing fee of 1 % p.a.; no foreclosure or pre‑payment penalties.
- Flexible credit terms (e.g., 60–120 day repayment windows) and adjustable limits that reflect industry‑specific working‑capital cycles.
- Integrated digital tools such as loan‑EMI and GST calculators, and a mobile app for loan monitoring and document upload.
- Product portfolio covering purchase order financing, invoice discounting, vendor financing, term loans for assets, machinery financing, and loan‑against‑property across sectors like manufacturing, infrastructure, agriculture, and consumer goods.
- Compliance with RBI‑registered NBFC regulations and CRISIL/ICRA A+ credit rating, ensuring regulatory safety and transparency.