One Stack Solution Private Limited has concluded a Series A fundraise led by Samved VC and Silicon Road Ventures, with participation from existing investors Pentathlon Ventures, 100Unicorns and Venture Catalysts.
Universal Legal advised lead investor Silicon Road Ventures on this fundraise.
The transaction team consisted of Rashi Kapoor Mehta (Partner) and Neelkamal Chaudhary (Associate Partner)
OneStack is a fintech company that provides an end-to-end digital banking stack designed specifically for the unique needs of cooperative banks in India. It offers a comprehensive platform including core banking solutions, online and mobile banking, UPI enablement, and other banking, payment, investment, insurance, and lending technology services. OneStack aims to transform traditional banks into digital neobanks, enabling customers to save, borrow, spend, and grow money seamlessly without leaving their bank.
The freshly raised funds will fast-track the growth of OneStack's comprehensive digital banking infrastructure for cooperative banks throughout India, including mobile banking applications, UPI and QR payment solutions.
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