From Rejection to Triumph: Meet India’s Power Couple Who Defied Odds to Build Two Unicorns
From Rejection to Triumph: Meet India's Power Couple Who Defied Odds to Build Two Unicorns
Ruchi Kalra and Asish Mohapatra’s inspiring story is a testament to perseverance, dedication, and strategic thinking. This powerhouse couple has achieved what few have – building not one, but two unicorn companies, valued at a staggering Rs 52,000 crore.
Their journey began with 73 rejections from investors, but Ruchi and Asish refused to give up. Armed with Ruchi’s impressive credentials from IIT Delhi and the Indian School of Business, and her eight years of experience at McKinsey, they launched OfBusiness in 2015. Today, OfBusiness is a leading B2B platform, valued at Rs 44,000 crore.
Its lending arm, Oxyzo Financial Services, established in 2017, has raised $200 million, reaching a valuation of Rs 8,200 crore. The couple’s strategic mindset and dedication have driven consistent growth and profitability. OfBusiness saw its revenue soar from Rs 197.53 crore in 2021 to Rs 312.97 crore in 2022.
Ruchi and Asish’s success offers valuable lessons for entrepreneurs. Their story teaches us that perseverance pays off, strategic thinking is crucial, and dedication yields remarkable results. Most importantly, believing in oneself is essential. Ruchi and Asish needed just one investor to back them, proving that every “no” brings you closer to the “yes” that changes everything.
Ruchi’s personal net worth of Rs 2,600 crore in 2022 is a testament to their hard work. Their remarkable journey inspires aspiring entrepreneurs, demonstrating that with unwavering determination and a clear vision, even the most ambitious dreams can become a reality.
Ruchi and Asish’s legacy extends beyond their business successes. They’ve created a blueprint for entrepreneurs to follow, proving that with resilience and strategic thinking, anyone can overcome obstacles and achieve unparalleled success. Their story serves as a reminder that rejection is not failure, and with persistence, anyone can achieve greatness.
