Ashish Mohapatra is an Indian entrepreneur who is the co-founder and CEO of unicorn startup OFB Tech Pvt. Limited or off business.
Ashish Mohapatra was born in 1980.age 42 years; by 2022) in Cuttack, Orissa. He did his schooling from SCB Medical Public School, Cuttack (ICSE, 10th). He further studied Physics, Chemistry and Mathematics at Renshaw College, Cuttack (10+2).
In 2002, he completed his B.Tech in Mechanical Engineering from Indian Institute of Technology, Kharagpur. After about 3 years, he did PGP-MBA course from Indian School of Business, Hyderabad.
Hair Color: Black
Eye Colour: Black
parents and siblings
His mother, Mishra Kuku earned a Ph.D. from IIT Kharagpur. She was a professor of physics in a college. He died due to cancer in 2020. Ashish has a sister, Snigdha.
wife and children
ashish is married Ruchi Kalra,
The couple has a daughter, Khushi Mohapatra.
as an employee
Ashish was a summer trainee at Reckitt & Coleman for 3 months in 2001. After finishing his B.Tech, he worked as a Maintenance Manager, and later as an Operations Manager at ITC Limited, where he managed a team of a thousand people. He worked in Management for about 3 years and then did MBA from ISB, Hyderabad in 2005.
After completing his MBA, Ashish got a job at McKinsey & Company, where he met his wife Ruchi. He worked as an Engagement Manager focusing on Healthcare, Pharma and Medical Product Practice. In 2010, he began working at Matrix Management Corporation as a senior associate and a venture capitalist. He worked at Matrix, Mumbai for 4 years during which he was a board member of 7 healthcare sector companies and 9 portfolio companies. He left the job in August 2015.
as an entrepreneur
By the end of 2015, Ashish came up with an idea to explore unknown B2B territory with a fintech startup.
He founded a startup called OFB Tech Pvt along with his wife and some loyal members of his team. Ltd. or OffBusiness, which acts as a single-window for SMEs to get secured and unsecured credit. Upon its incorporation, Ashish became the CEO of the company and started looking for investments. In 2021, Ashish’s company became a unicorn when it was backed by Japanese multinational conglomerate, SoftBank Group Corp, by closing a $160 million funding round at a valuation of about $1.5 billion. In 2016, Ashish, his wife and a few others from their team started an offshoot of their previous startup, which became a lending arm that provides purchase financing to SMEs. The company was named Oxijo, which became Unicorn in 2022.
as a director
Ashish was licensed as an independent director by the Indian Institute of Corporate Affairs in November 2020. Meditrina Hospitals Pvt. Ltd. was the first company in which he joined as a director. He has been a Director of various companies like Ogriva Alliance Pvt Ltd, Oxijo Financial Services Pvt Ltd, OFB Tech Pvt Ltd, OFG Manufacturing Business Pvt Ltd, and has been a Nominee Director of Omat Business Pvt Ltd and Samriddhi Organic Farms (India). private Limited.
- Citation: When it’s hard to walk, go hard!
Facts / Trivia
- Ashish stood fourth in Orissa in 10+2 exam.
- In 2016, Ashish’s pitch to raise funds for his startup of business was rejected 73 times.
- Ashish loves to blog and is fluent in Bengali, Hindi, English and Oriya.
- Ashish Mohapatra and his wife are believed to be the first couple in India to drive a unicorn.
- According to Ashish, his success mantra includes the 4 H’s which are, Hunger, Hustle, Humility and Honesty.