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ONECARD
OneCard
Fintech (mobile-first credit cards) · India · Founded · 2019

OneCard Funding — Last Valued at $1.4B

Private

OneCard has raised $136.1M across 2 funding rounds, plus 1 undated round. The latest round valued OneCard at $1.4B post-money, with Better Tomorrow Ventures, Peak XV, Z47 on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
OneCard funding · at a glance
Total raised, all rounds
$136.1M
sum of disclosed sizes
Funding rounds
2
plus 1 undated round
Latest round
$1.4B
post-money · Nov 2024
Lead on that event
Better Tomorrow Ventures
lead investor
2024
About OneCard

Temasek led a 100 million dollar funding round in 2022 that valued OneCard at 1.4 billion dollars, reflecting rapid growth in its mobile credit card business across Indian banking partners.

Funding timeline

The OneCard funding timeline

2 funding rounds, the latest highlighted.

2019
OneCard founded

OneCard was founded in 2019, India.

UNDATED
Series D extension

No date is disclosed for this round.

JUL 2022
Series D at $1.4B post-money

With existing backers QED Investors, Sequoia Capital India and Hummingbird Ventures.. $100M raised, led by Temasek.

Valuation basispost-moneyAmount$100MPrice / shareLeadTemasek
NOV 2024LATEST
Series D extension at $1.4B post-money

A primary round — the company sells new shares to investors it selects. $28.5M raised, led by Better Tomorrow Ventures, Peak XV, Z47.

Valuation basispost-moneyAmount$28.5MPrice / shareLeadBetter Tomorrow Ventures, Peak XV, Z47
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

OneCard funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series D extension LATEST
Nov 2024
$28.5M
$1.4Bpost-money
—
Better Tomorrow Ventures, Peak XV, Z47
—
Series D
Jul 2022
$100M
$1.4Bpost-money
—
Temasek
With existing backers QED Investors, Sequoia Capital India and Hummingbird Ventures.
Series D extension
—
$7.6M
—
—
Peak XV Partners
Z47, Hummingbird Ventures, and angel investors (Shalini Warrier, Kakarla Karunamaye, Sumana Mallick, Ranu Madhivanan, Sathish Krishnan, Pragnyat Lalwani, Gautam Jain, Gaurang Shah)
OneCard · investors

Investors

PPeak XV PartnersLEADBBetter Tomorrow VenturesLEADPPeak XVLEADZZ47LEADTemasekLEADQQED InvestorsSSequoia Capital IndiaHummingbird Ventures

Frequently asked questions

Who has invested in OneCard?›

Lead investors for each round are in the funding timeline.

Who are OneCard's competitors?›

The closest fintech (mobile-first credit cards) peers are on the competitors page.

How can I get exposure to OneCard?›

The routes section explains what is realistically available for a company at this stage.

Is OneCard publicly traded?›

No. OneCard is a private company; its shares do not trade on a public exchange.

What is OneCard's valuation?›

The last valuation is $1.4B.

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