OneStack raises Rs 12.5 Cr from Shepherd's Hill, Pentathlon Ventures, and AVNM Ventures to expand fintech infrastructure offerings.
Amount Raised
₹125 Million
Round Type
Seed
MumbaiFinancial ServicesFintechInvestors
Description
OneStack, a Mumbai-based fintech infrastructure startup, has raised Rs 12.5 crore from new investor Shepherd's Hill and existing backers Pentathlon Ventures and AVNM Ventures. The company, which provides technology infrastructure for smaller financial institutions to offer digital banking services, will use the funds to expand presence among cooperative banks and NBFCs. With this round, OneStack has raised Rs 45 crore across four funding rounds since its 2019 founding. The capital will support product development in payments, core banking, and regulatory compliance.
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