OneStack, a fintech startup centered on digitising India’s cooperative banking ecosystem, has raised undisclosed quantity in an ongoing Sequence A funding spherical led by Samved VC and Silicon Highway Ventures.

The spherical additionally noticed participation from present traders Pentathlon Ventures, 100Unicorns and Enterprise Catalysts, together with curiosity from choose international traders.

Based in 2019 by Amit Kapoor and Vishal Gupta, OneStack offers a SaaS-based digital banking infrastructure platform tailor-made for cooperative banks and credit score societies. The startup claims that it at the moment works with over 200 cooperative establishments throughout India and goals to develop its presence to 500 banks over the following two years.

It can deploy the raised capital to reinforce its end-to-end digital banking platform, together with cell banking purposes, UPI and QR-based funds, SoundBox integrations, BBPS companies, and cooperative-focused core banking options.

The startup additionally claims that it processes over Rs 750 crore in annual UPI transaction worth and is focusing on Rs 1,000 crore by year-end. OneStack had previously raised $2 million in March 2025, led by Pentathlon Ventures. With this spherical, the corporate’s complete funding up to now stands at roughly $4.24 million.

Amit Kapoor, Co-founder, OneStack, stated, “Regulatory expectations round digital infrastructure and governance have risen considerably. Cooperative banks are more and more searching for fashionable, compliant options that may be deployed effectively.” Amit Srivastava, Managing Companion at Samved VC, stated, “OneStack has constructed a scalable and compliant SaaS platform designed particularly for cooperative banks.”

Sid Mookerji, Managing Companion at Silicon Highway Ventures, added, “The crew’s understanding of cooperative banking workflows and regulatory necessities positions OneStack effectively for adoption at scale.”

OneStack plans to develop into extra states, speed up core banking deployments, and deepen integrations throughout funds, billing and regulatory reporting.