PE-VC Fund Investments
Mobile-first credit card firm OneCard to raise Rs.72-Cr in ongoing Series D round
Pune-based OneCard has raised INR 72 crore in a series D funding round led by Peak XV Partners along with participation from existing investors Z47 and Hummingbird Ventures. Several angel investors including Shalini Warrier, Kakarla Karunamaye, Sumana Mallick, Ranu Madhivanan, Sathish Krishnan, Pragnyat Lalwani, Gautam Jain and Gaurang Shah also participated in the round.Founded in 2019 by Anurag Sinha and Rupesh Kumar, the company provides a mobile-first credit card platform in partnership with banks such as IDFC FIRST Bank, Federal Bank, Indian Bank, and SBM Bank. The firm also operates OneScore, an application that allows users to monitor their credit scores, track spending, and manage credit cards.
Between Jul 2019 and Dec 2025, OneCard had attracted about $259 M from Peak XV Partners, Z47, DMI Group, Hummingbird Ventures, QED Investors, Temasek, Alteria Capital, Better Tomorrow Ventures, Others.For FY25, OneCard had reported about INR 1,878 Cr in Operating Income and about INR 298 Cr in Net Loss.
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