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Asish Mohapatra Biography: Age, Career, Family and More
Quick Info
Date of birth1980
Age42 Years (as of 2022)
BirthplaceCuttack, Orissa
ProfessionEntrepreneur
NationalityIndian
Marital statusMarried
SpouseRuchi Kalra
FamilyDaughter - Khushi Mohapatra; Mother - Mishra Kuku; Sister - Snigdha Mohapatra
Asish Mohapatra Biography
Asish Mohapatra is an Indian entrepreneur and co-founder of two fintech-focused startups that achieved unicorn status. Trained as a mechanical engineer at
Early life and backgroundAsish Mohapatra was born in 1980 and grew up in Cuttack, Orissa. He attended SCB Medical Public School in Cuttack for his secondary education and completed higher secondary studies at Ravenshaw College. He went on to earn a B. Tech in Mechanical Engineering from the Indian Institute of Technology, Kharagpur and later completed an MBA at the Indian School of Business, Hyderabad.
His family includes his mother, Mishra Kuku, who was an IIT graduate and worked as a college physics teacher, and a sister, Snigdha Mohapatra. Asish lists Bengali, Hindi, English and Oriya among the languages he speaks.
Career
Mohapatra began his professional life after graduating from IIT Kharagpur, joining ITC Ltd. in March 2002. During his time at ITC he moved into operations and managed a large team. He left ITC in 2005 to pursue his MBA and after completing it joined McKinsey & Company, where he concentrated on the healthcare sector and advised multinational and domestic clients in pharmaceuticals, medical equipment and pharma support services.
While at McKinsey he met his future wife, Ruchi Kalra. In 2010 he joined Matrix Management Corporation as a senior associate and served on boards across healthcare and other portfolio companies.
In late 2015 Mohapatra left Matrix to found OfBusiness (OFB Tech Pvt. Ltd), a platform designed to offer credit and other services to small and medium enterprises. The early days were challenging—his fundraising pitch was declined dozens of times—but OfBusiness grew rapidly. In July 2021 the company reached unicorn status after a funding round led by SoftBank Group Corp., which valued the business at roughly $1.5 billion.
In 2016 Mohapatra and a small team launched Oxyzo as an offshoot to provide purchase financing to SMEs. Oxyzo also became a unicorn in 2022. Beyond these ventures, he has held directorships and nominee director roles across multiple companies, including Meditrina Hospitals Pvt. Ltd., Oagriva Alliance Private Limited, Oxyzo Financial Services Private Limited, Ofb Tech Private Limited, Ofg Manufacturing Businesses Private Limited, Omat Business Private Limited and Samruddhi Organic Farm (India) Private Limited.
In November 2020 he was licensed as an Independent Director by the Indian Institute of Corporate Affairs.
Public profile
Mohapatra is identified publicly as an entrepreneur and is known for co-founding two startups that reached unicorn valuation. He is married to Ruchi Kalra; the couple have a daughter named Khushi Mohapatra. He has expressed an interest in sporting records, collecting, and creative writing. Publicly noted personal preferences include a favorite sportsperson, Lin Dan, and a favorite singer, Shreya Ghoshal. His stated political inclination is with the BJP.
He shares short-form commentary and longer posts on social media and maintains a public presence that includes professional profiles. He also writes blogs and has described his approach to work and success in public posts.
Latest updates
OfBusiness achieved unicorn status in July 2021 after a major funding round. Oxyzo, launched as a related business in 2016, also reached unicorn status in 2022. Asish continues to serve in director-level roles across several companies and remains active in fintech and SME financing initiatives.
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Recent Work
OfBusiness (OFB Tech Pvt. Ltd)
Co-founder of a platform providing credit and services to SMEs; company became a unicorn in July 2021 after a funding round led by SoftBank.
2015–2021Oxyzo Financial Services (offshoot)
Co-founded an SME purchase-financing business in 2016 that later achieved unicorn status in 2022.
2016–2022✦
Career Highlights
- B. Tech from IIT Kharagpur and MBA from Indian School of Business, Hyderabad
- Early operations and management role at ITC Ltd.
- Consulting experience at McKinsey & Company focused on healthcare
- Founded OfBusiness (OFB Tech) in 2015; company reached unicorn valuation in 2021
- Co-founded Oxyzo in 2016; Oxyzo became a unicorn in 2022
- Licensed as an Independent Director by the Indian Institute of Corporate Affairs in 2020
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Frequently Asked Questions
When was Asish Mohapatra born?
1980
What is Asish Mohapatra known for?
Entrepreneur
What is Asish Mohapatra’s marital status?
Married
Who is Asish Mohapatra married to?
Ruchi Kalra

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