PE-VC Fund Investments
Fintech co. OneStack raises funding led by Samved VC, Silicon Road Ventures, others
Gurugram-based fintech platform OneStack , a fintech company focused on digitising India’s cooperative banking ecosystem, has raised funding in its ongoing Series A round led by Samved VC and Silicon Road Ventures, with continued participation from existing investors Pentathlon Ventures, 100Unicorns and Venture Catalysts, along with interest from select global investors.Founded in 2019 by Amit Kapoor and Vishal Gupta, OneStack provides a SaaS-based digital banking infrastructure platform tailored for cooperative banks and credit societies. The company currently works with over 200 cooperative institutions across India and aims to expand its presence to 500 banks over the next two years.The fresh capital will be deployed to enhance OneStack’s end-to-end digital banking platform, including mobile banking applications, UPI and QR-based payments, SoundBox integrations, BBPS services, and cooperative-focused core banking solutions. The company processes over INR 750 crore in annual UPI transaction value and is targeting INR 1,000 crore by year-end.
Between Jul 2023 and Mar 2025, OneStack had attracted about USD 4 M from Pentathlon Ventures, Growx Ventures, Stride Ventures and others.For FY25, OneStack had reported about INR 1 Cr in Operating Income and about INR 8 Cr in Net Loss.
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