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OneCard To Raise INR 239.4 Cr From Peak XV, Others

Summary by Inc42 Media
Fintech startup OneCard has secured INR 71.4 Cr ($8.5 Mn) as part of its larger funding round via which it aims to raise INR 239.4 Cr ($28.4 Mn).  According to the startup’s regulatory filings with the MCA, the company is looking to secure the fresh capital by issuing 72,048 Series D2 CCPS.  US-based venture capital (VC) firm Better Tomorrow Ventures (BTV), Peak XV and Z47 (erstwhile Matrix Partners) will be subscribing to the shares. During One…
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