SoftBank-backed OfBusiness is reviving plans for an initial public offering and is targeting a fundraising of up to $800 million through a combination of fresh issue and offer for sale, as conditions in Indian markets improve.

The company is moving ahead with the IPO after previously pausing its plans, according to the source material. The proposed issue would mark a renewed attempt by the business-to-business platform to tap public markets in India, where the state of the IPO window can influence whether companies proceed with listings or hold back.

OfBusiness is backed by SoftBank. The article said the company is looking to raise the money through both new shares and shares sold by existing shareholders. It did not provide a timeline for the listing or additional details on the size of the fresh issue versus the offer for sale.

The move comes amid improving market conditions in India, which have supported a revival of public offering activity across sectors. OfBusiness's plan adds to a broader pipeline of IPO candidates considering market entry, making the company one of several private firms testing whether investor demand is strong enough for fresh issuance.

The article also appeared alongside links to several market and stock pages, including Elixir Capital, Abhinav Capital Services, Gowra Leasing & Finance, Comfort Fincap and Classic Leasing & Finance, as well as related ETMarkets coverage and company pages.