Ruchi Kalra is an Indian entrepreneur known as a unicorn for founding a startup that was valued at $1 billion.
Wiki/Biography
Ruchi Kalra is a 39-year-old (as of 2022) female entrepreneur. She lives in Delhi. She attended General Raj School in Delhi. She received her bachelor’s degree in chemical engineering from the Indian Institute of Technology Delhi in 2004. She received her MBA from the Indian School of Business, Hyderabad in 2007.
appearance
Height (approximately): 5′ 5″
Hair color: black
Eye color: black
Ruchi Kalra in black and white suit
family
husband and children
Ruchi’s husband Asish Mohapatra is also an Indian entrepreneur, co-founder, and CEO of a unicorn startup like Ruchi. They met while working at McKinsey. The couple has a daughter, Khushi.
Asish Mohapatra and his daughter Khushi
Profession
as an employee
Ruchi started his career as a Senior Business Analyst at Evalueserve, working in chemical engineering. After working as a business analyst for about 1.5 years, she went to Hyderabad to pursue her MBA. She gained the opportunity to work at McKinsey & Company through a university placement. She spent approx. 9 years in the financial services industry, specifically insurance and retail banking. During her final years at McKinsey, she worked her way up to partner.
as an entrepreneur
Ruchi revealed in an interview that at the end of 2015, she and her husband Asish and a team of 7 people decided to join forces to launch the financial technology startup OfBusiness, a B2B company that provides financing services to customers. Small and medium enterprises.
First OfBusiness conference, circa August 2015
Rucci said in an interview that she gave up her long-standing job and partnership at McKinsey & Company to
We all have a desire to go out and create something. “
The company was founded in 2016 and quickly became a unicorn with the backing of Japanese multinational conglomerate SoftBank Group. Ruchi is the company’s co-founder and chief financial officer.
OfBusiness co-founders include Ruchi Kalra
In 2017, she co-founded OfBusiness, a spin-off of her previous startup, with her husband and several other members of her team. In an interview, she said they named it “Oxyzo,” a portmanteau of the words “oxygen” and “ozone.” Ruchi is the co-founder and chief financial officer of Oxyzo Financial Services Pvt. Ltd. is a fintech company that provides purchase financing to small and medium-sized enterprises and provides cash flow-based loans to assist with working capital and operating costs.
Oxyzo Team (Ruchi Kalra, fifth from left in the back row)
Ruchi is a Whole Time Director of the company focusing on Financial Controlling, Accounting and Auditing, Compliance (Legal and Secretarial) and Capital Management. The startup became a unicorn in 2022, raising $200 million in its first round of funding led by Alpha Wave Global, Tiger Global Management, Norwest Venture Partners, Matrix Partners and Creation Investments, the first ever in India The largest Series A financing was launched.
Indian Startup Unicorns 2022 (Oxyzo ranks 13th)
Facts/Trivia
- In 2017, she was named a contender on the BW Disrupt 40 Under 40 list.
- In July 2019, Kalra spoke on behalf of OfBusiness at the Unifi Alternative Finance Roundtable, where four cutting-edge Indian fintech companies presented their business cases, technical approaches and risk management practices.
- Norwest, one of Oxyzo’s investors, describes Ruchi as “India’s first female founder of a profitable fintech unicorn.”
- When asked in an interview the secret to her success, Ruch said:
will. Persistence is not giving up. It’s persistence and tenacity, the effort it takes to do something and see it through to the end, even when it’s difficult. I believe persistence will pay off sooner or later. “
- Rucci was elected to student government while in college. She said in an interview,
For me, there is so much more to do as an elected member of the student body than just classes. This gave me an opportunity to reach my full potential and gained recognition from the academy as a youth leader. “
- When asked about her inspiration in an interview, Ruchi said;
My husband Asish has played a key role in my life as a career coach and leader and I learn from him every day.
Categories: Biography
Source: HIS Education