Fintech startup OneCard has become India’s 104th unicorn. It has recently achieved this feat after raising about $100 Mn, which is about INR 802 Cr. This was the startup’s Series D round of funding.
Temasek is an investment company with a presence globally. Temasek is headquartered in Singapore and has invested INR 375 Cr in the OneCard startup.
According to Inc42’s estimations, OneCard’s valuation after raising the new funding is around $1.25 Bn. The list of investors includes firms such as Ocean View Investment, Matrix Partners, Sequoia Capital, QED Holdings, and Hummingbird, among others, as per the startup’s regulatory filings.
OneCard raised a Series B round of funding last year amounting to $35 Mn. The startup OneCard raised a Series C round of funding amounting to $75 Mn from investors such as QED Investors, Sequoia, Matrix Partners, and Hummingbird Ventures. OneCard raised Series D after six months of the Series C round of funding.
The fintech firm OneCard is headquartered in Pune. OneCard claims to be India’s best metal credit card which is built with full-stack technology. Backed by the principles of simplicity, transparency, and giving back control to the user.