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Temasek-backed OneCard raises bridge funding, adds new investor on cap table

TMT

26 November, 2024

Temasek-backed OneCard raises bridge funding, adds new investor on cap table

FPL Technologies Pvt Ltd, the company behind credit card platform and fintech unicorn OneCard, is raising a total of $28.5 ......

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Grapevine: Quadria Capital sets sight on PE-backed dialysis chain; WizFreight raises funding

General

05 January, 2024

Grapevine: Quadria Capital sets sight on PE-backed dialysis chain; WizFreight raises funding

Asia healthcare-focussed private equity firm Quadria Capital, which has backed names like Maxivision Eye Hospitals, MediBuddy, Nobel Hygiene and Concord ......

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Finance

27 October, 2023

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Temasek-backed credit card startup OneCard saw its loss widen in the financial year through March 2023, despite an impressive jump ......

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Grapevine: DSG Consumer plans exit move; Cipla deal hits a wall

General

15 September, 2023

Grapevine: DSG Consumer plans exit move; Cipla deal hits a wall

Venture capital firm DSG Consumer Partners is looking to sell a large part of its stake in condiments and sauce maker Veeba, a ......

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Grapevine: Zypp, OneCard eye fresh rounds; XpressBees eyes M&A

General

13 July, 2023

Grapevine: Zypp, OneCard eye fresh rounds; XpressBees eyes M&A

Electric vehicle delivery app Zypp, which includes Taiwanese ride-sharing company Gogoro, Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts and LetsVenture as ......

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Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more

Finance

24 May, 2023

Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more

Matrix Partners India, one of the most active venture capital investors in the country and a backer of unicorns like ......

Fintech unicorn OneCard's FY22 loss widens to Rs 183 cr

Finance

09 November, 2022

Fintech unicorn OneCard's FY22 loss widens to Rs 183 cr

Credit card unicorn OneCard’s FY22 net loss surged to Rs 182.8 crore from Rs 33.2 crore in FY21 even as ......

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Deals Digest: Companies rack up $405 mn this week; OneCard, 5ire join unicorn race

Finance

15 July, 2022

Deals Digest: Companies rack up $405 mn this week; OneCard, 5ire join unicorn race

Companies raised $405 million in venture capital (VC) and private equity (PE) funding this week, a significant jump from last ......

OneCard becomes unicorn after $100 mn round

TMT

14 July, 2022

OneCard becomes unicorn after $100 mn round

Credit card startup OneCard’s parent FPL Technologies has raised $100 million (Rs 802.4 crore) in a Series D round led ......

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Jupiter backer QED looks to invest beyond lending

Finance

08 June, 2022

Jupiter backer QED looks to invest beyond lending

Fintech focused global investment firm QED Investors, which has invested in Indian startups such as Jupiter and OneCard, plans to ......