17/05/2022

Empire News Africa

African Entertainment News Online…

70 investors rejected an idea. It has become a unicorn and helped create another

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When Vikram Vaidyanathan, a Managing Director at Matrix Partners, decided to make a seed investment in OfBusiness in 2015, he wasn’t entirely sure what he was investing in. He was betting on the co-founder, Asish Mohapatra. Vaidyanathan had worked with him for about 8 years at McKinsey and Matrix Partners and knew Mohapatra’s capabilities. “Ashish has always been more of an entrepreneur than anything else. When he decided to start something, it