About OneCard
OneCard is a company based in Pune (India) founded in 2019 by Anurag Sinha, Vibhav Kirit Hathi, Rupesh Kumar, Devang Shah, and Hari Velayudan.. OneCard has raised $262.1 million across 10 funding rounds from investors including Matrix Partners India, Peak XV Partners and Temasek. The company has 787 employees as of April 08, 2024. OneCard operates in a competitive market with competitors including Uni Cards, slice, Kiwi, Paytail and Galaxycard, among others.
- Headquarter Pune, India
- Employees 787 as on 08 Apr, 2024
- Founders Anurag Sinha, Vibhav Kirit Hathi, Rupesh Kumar, Devang Shah, Hari Velayudan
- Stage Unicorn
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Fpl Technologies Private Limited
- Date of Incorporation 04 Feb, 2019
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$71.4 M (USD)506.87as on Mar 31, 2023
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Net Profit
$-48.78 M (USD)-121.97as on Mar 31, 2023
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EBITDA
$-54.59 M (USD)-133.45as on Mar 31, 2023
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Total Equity Funding
$262.1 M (USD)
in 10 rounds
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Latest Funding Round
$4.5 M (USD), Debt – Conventional
Dec 12, 2025
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Investors
Matrix Partners India
& 39 more
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Employee Count
787
as on Apr 08, 2024
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Funding Insights of OneCard
OneCard has successfully raised a total of $262.1M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.5 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Debt – Conventional — $4.5M
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First Round
First Round
(12 Jul 2019)
- Investors Count 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Debt – Conventional - OneCard | Valuation | Alteria Capital |
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| Nov, 2024 | Amount | Series D - OneCard | Valuation | QED Investors | |
| Mar, 2024 | Amount | Series D - OneCard | Valuation | Alteria Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OneCard
OneCard has secured backing from 40 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Matrix Partners India, Peak XV Partners and Temasek. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments in fintech, vertical SaaS, and marketplaces are targeted.
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Founded Year | Domain | Location | |
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OneCard
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OneCard
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Onecard Comparisons
Competitors of OneCard
OneCard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uni Cards, slice, Kiwi, Paytail and Galaxycard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A gold rewards credit card program is provided for users.
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| domain | founded_year | HQ Location |
Digital platform for banking and financial services is operated.
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| domain | founded_year | HQ Location |
Nearby fabric stores are located via an app-based search platform.
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| domain | founded_year | HQ Location |
Finance and e-commerce solutions are enabled via instant EMI loans.
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| domain | founded_year | HQ Location |
Smartphone-linked credit cards are issued for consumer payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Onecard
Frequently Asked Questions about OneCard
When was OneCard founded?
OneCard was founded in 2019.
Where is OneCard located?
OneCard is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of OneCard?
Anurag Sinha is the current CEO of OneCard. They have also founded this company.
Is OneCard a funded company?
OneCard is a funded company, having raised a total of $262.1M across 10 funding rounds to date. The company's 1st funding round was a Series D of $918.43K, raised on Jul 12, 2019.
How many employees does OneCard have?
As of Apr 08, 2024, the latest employee count at OneCard is 787.
What is the annual revenue of OneCard?
Annual revenue of OneCard is $71.4M as on Mar 31, 2023.
What does OneCard do?
Provider of metal credit cards with a mobile application interface. The credit cards offer rewards on spending and options for installment payments. The application allows users to manage card settings and track spending. It also provides a way to share credit limits with family members.
Who are the top competitors of OneCard?
OneCard's top competitors include slice, Uni Cards and Pixel Cards.
Who are OneCard's investors?
OneCard has 40 investors. Key investors include Matrix Partners India, Peak XV Partners, Temasek, Alteria Capital, and Redwood Trust.
What is OneCard's valuation?
The valuation of OneCard is $1.25B as of Mar 2024.
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