logo
logo

Onecode Has Raised $13 Million In Fresh Funding Led By General Catalyst

Mar 31, 2022•over 3 years ago

Amount Raised

$13 Million

Bengaluru

Description

Bengaluru: OneCode, a platform that provides on-ground resellers to financial firms, has raised $13 million (or Rs 100 crore) as a part of its latest round of funding led by General Catalyst, the company said in a prepared statement on Thursday.

Company Information

Company

One Code

Location

Bengaluru, Karnataka, India

About

OneCode, a platform that provides on-ground resellers to financial firms, has raised $13 million (or Rs 100 crore) as a part of its latest round of funding led by General Catalyst, the company said in a prepared statement on Thursday. With the investment, the company will be expanding its presence to 100 additional cities and will increase the size of its agent network. Since inception, OneCode claims to have supported over 25 lakh customers and catered to their financial service needs, through its offline distribution channels, the company said. The platform also has a network of over 1 million resellers, who have the option to work with over 50 partner brands OneCode works with. The firm may also hire a local team to boost its investment play in the country. Founded in 2019 by Manish Shara and Yash Desai, OneCode is a platform that connects new-age digital-first brands with relevant sellers to sell their products and services to trust deficit, less tech savvy users.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech