India's 'Unicorn couple' eyes first start-up IPO within a year

A 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 (IPO) 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 endeavour, digital lending startup Oxyzo, could float shares in about two years, she added.

“The companies are both ready for public markets and at the right,