Startup Atlas · Credit Cards

OneCard Unicorn

FPL Technologies Private Limited ● Pune, Maharashtra ● Founded 2019 ● getonecard.app ↗

FPL Technologies is a fintech company which reimagines credit and payments for customers, operating the mobile-first metal credit card brand OneCard.

Anurag Sinha · Co-Founder & CEO Rupesh Kumar · Co-Founder Vibhav Kirit Hathi · Co-Founder Hari Velayudan · Co-Founder & COO Devang Shah · Co-Founder & Chief Risk Officer
$287.88 MnTotal funding (tracked)
11Funding rounds
13 Jul 2026Last round
939Team size (sourced)

OneCard: Funding Rounds

Date Round Amount Investors Source
13 Jul 2026 Series D (tranche) $7.6 Mn Peak XV Partners Gaurang Shah Gautam Jain Hummingbird Ventures Kakarla Karunamaye Pragnyat Lalwani Ranu Madhivanan Sathish Krishnan Shalini Warrier Sumana Mallick Z47 source
12 Dec 2025 Debt Rs 40 Cr (~$4.5 Mn) Alteria Capital source
25 Nov 2024 Series D (tranche) $28.5 Mn Better Tomorrow Ventures Peak XV Partners Z47 source
15 Jan 2024 Debt INR 120 Cr (~$14.4 Mn) Alteria Capital source
4 Jan 2024 Debt Rs 95 Cr (~$11.44 Mn) Alteria Capital source
13 Jul 2022 Series D $100 Mn Temasek Hummingbird Ventures QED Investors Sequoia Capital India source
12 Jan 2022 Series C $75 Mn QED Investors Hummingbird Ventures Janchor Partners Sequoia Capital India Z47 source
9 Apr 2021 Series B (extension) $10 Mn QED Investors Ocean View Investments source
5 Feb 2021 Series B $21.79 Mn Sequoia Capital Hummingbird Ventures Z47 source
18 Aug 2020 Series A $10 Mn Sequoia Capital India Z47 Hummingbird Ventures source
5 Sep 2019 Seed $4.5 Mn Sequoia Capital India Z47 source

Recent Signals

  • 25 Apr 2026 · regulatory
    RBI appoints firm for unified audit of OneCard's partner-bank framework, may allow card issuance to restart source
  • 12 Dec 2025 · regulatory
    RBI asks OneCard's partner banks to halt new co-branded card issuance amid data-sharing scrutiny source

News on OneCard

No coverage of OneCard linked yet.

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FAQs on OneCard

Who founded OneCard?

OneCard was founded by Anurag Sinha, Rupesh Kumar, Vibhav Kirit Hathi, Hari Velayudan, Devang Shah in 2019.

How much funding has OneCard raised?

OneCard has raised $287.88 Mn across 11 tracked funding round(s), most recently on 2026-07-13. Figures are compiled from cited public sources.

Who are the investors in OneCard?

Investors in OneCard include Peak XV Partners, Gaurang Shah, Gautam Jain, Hummingbird Ventures, Kakarla Karunamaye, Pragnyat Lalwani, Ranu Madhivanan, Sathish Krishnan.

What does OneCard do?

FPL Technologies is a fintech company which reimagines credit and payments for customers, operating the mobile-first metal credit card brand OneCard.

Where is OneCard headquartered?

OneCard is headquartered in Pune, Maharashtra, India.

What is OneCard's business model?

OneCard's core value proposition centers on No joining or annual fee metal credit card, Full app-based card control, Credit score monitoring via OneScore.

How does OneCard make money?

OneCard's cited revenue streams include Business support services revenue (co-branded card + OneScore).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.falconebiz.com www.getonecard.app tracxn.com · Last verified 5 Sep 2026. · Report a correction