OfBusiness co-founder Nitin Jain steps down to start new venture

Nitin Jain, co-founder and chief business officer of business-to-business (B2B) e-commerce platform OfBusiness and its lending arm Qxyzo, has quit his role and plans to launch a new venture.

Jain announced his departure from the Gurugram-based company through a LinkedIn post.

According to an ET report, Jain had planned to exit the company last year and had stepped down as CBO, before later returning to the role while simultaneously holding talks with investors to raise funds for his new venture.

Co-founded in 2016 by Asish Mohapatra, Ruchi Kalra, Vasant…