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Asish Mohapatra

movie Entrepreneur cake Year, 1980 Facebook (Cuttack, Orissa)
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Age

42

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Nation

Indian

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Basic Information

Date of Birth: Year, 1980 Facebook
Birthplace: Cuttack, Orissa
Zodiac Sign: Scorpio
Nationality: Indian
Hometown: Cuttack, Orissa

Family & Relationships

Marital Status: Married
Spouse: Ruchi Kalra
Children: Son- None Daughter- Khushi Mohapatra

Education

Schools: SCB Medical Public School, Cuttack (ICSE, 10th) Ravenshaw College, Cuttack (10+2)
Colleges: Indian Institute of Technology, Kharagpur Indian School of Business, Hyderabad
Education: B. Tech in Mechanical Engineering from the Indian Institute of Technology, Kharagpur MBA from the Indian School of Business, Hyderabad LinkedIn

person_book Biography

Some Lesser Known Facts About Asish Mohapatra

  • Asish Mohapatra is an Indian entrepreneur, who is the co-founder of two unicorn startups in India.
  • He began his career in March 2002, when he grabbed a job as a Maintenance Manager, and subsequently an Operations Manager at ITC Ltd. after completing his B. Tech at IIT Kharagpur. While at ITC, he managed a team of a thousand people in the company.

    Asish with his college friends during his days at IIT, Kharagpur
    Asish with his college friends during his days at IIT, Kharagpur
  • He left ITC in 2005 to pursue MBA. Post earning his master’s degree, he landed a job at McKinsey & Company. He took particular interest in the healthcare sector and spent a long duration at McKinsey serving MNCs and domestic Indian companies in pharmaceuticals, medical equipments, and pharma support services.
  • He met his wife, Ruchi Kalra, during his time at McKinsey & Company.
  • In 2010, Asish started working at Matrix Management Corporation as a senior associate. He was a board member of 7 companies in healthcare and 9 portfolio companies.
  • Around 5 years later, at the end of 2015, Asish left Matrix and found a startup called OFB Tech Pvt. Ltd or OfBusiness, which serves as a single-window for SMEs to get secured and unsecured credit.

    The first OfBusiness session, circa Aug 2015
    The first OfBusiness session, circa Aug 2015
  • In 2016, Asish’s pitch for funding got rejected 73 times. [4]Forbes
  • Six years later, in July 2021, Asish’s OfBusiness turned unicorn after the Japanese multinational conglomerate, SoftBank Group Corp. had backed the company. It closed a $160 million funding round at a valuation of around $1.5 billion.

    Co-founders of OfBusiness
    Co-founders of OfBusiness
  • Asish was licensed as an Independent Director by the Indian Institute of Corporate Affairs in November 2020. [5]LinkedIn
  • The first company Asish was appointed as director was Meditrina Hospitals Pvt. Ltd.
  • He is the director of various companies such as Oagriva Alliance Private Limited, Oxyzo Financial Services Private Limited, Ofb Tech Private Limited, Ofg Manufacturing Businesses Private Limited and is a nominee director of Omat Business Private Limited and Samruddhi Organic Farm (India) Private Limited.
  • In 2016, Asish, his wife, and a few other loyal members of their team started an offshoot of Asish’s previous startup called Oxyzo, which provides purchase financing to SMEs. Oxyzo also became a unicorn a year after OfBusiness in 2022.
  • Asish enjoys writing blogs and is fluent in Bengali, Hindi, English, and Oriya.
  • On one of his social media posts, Asish explains his success mantra.

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