SoftBank-backed OfBusiness, a leading B2B commerce and financing platform, will be acquiring the remaining 30% equity in Indian Design, a Bengaluru-based garment and home textile manufacturer, months after picking a majority stake.

The move is part of OfBusiness's broader strategy to consolidate its commerce businesses with full ownership across its four verticals – Metals, Apparels, Chemicals and Agri Processing – ahead of its planned listing in the coming fiscal.

Moneycontrol exclusively reported in June 2025 that OfBusiness is in advanced talks to acquire stake in Indian Design, marking its fifth such deal in four years as it accelerates a shift toward a manufacturing-driven model. Consolidation move in apparel

Indian Design, which clocks ₹1,300 crore in annual revenue and supplies

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