Founded in 2019 and headquartered in Gurugram, OneStack offers a cloud-first, plug-and-play digital infrastructure tailored to the 1.1 lakh cooperative banking institutions that collectively manage ₹24.5 lakh crore in assets. Its OneStack Digital Suite bundles branded UPI IDs, QR-based payments, SoundBox integrations, cloud-native core banking, BBPS, insurance, digital lending, and built-in regulatory compliance tools. The company currently serves more than 200 cooperative institutions and processes over ₹750 crore in annual UPI transaction value, with expectations to surpass ₹1,000 crore by the end of 2026. Revenue figures were not disclosed, but the firm has raised about $4.24 million in total funding to date. New capital will help onboard 300 additional banks within two years, localize SoundBox technology in regional languages, enhance its mobile UI/UX, and expand beyond its North and West Indian strongholds into Southern and Eastern regions. OneStack positions itself as the modern "Aadhaar of Banking," enabling small, community-focused banks to compete with large private entities without heavy enterprise hardware.

Total raised

$2M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2023