Indian salestech startup nets $5m in round led by Sequoia’s Surge, Nexus Ventures

OneCode, a tech-driven distribution platform based in India, has raised US$5 million in its latest funding round.

More funding details

• Lead investors: Sequoia Capital India’s Surge and Nexus Venture Partners
• Other investors: Cloud Capital and WaterBridge Ventures, Haptik co-founder Aakrit Vaish, Pine Labs CEO Amrish Rau, Mirae Asset Venture Investments (India) CEO Ashish Dave, Unacademy CEO Gaurav Munjal, Razorpay CEO Harshil Mathur, Jupiter Money founder and CEO Jitendra Gupta, Cred founder Kunal Shah, Groww CEO Lalit Keshre, Rise Financial Services founder Pravin Jadhav, Bimape CEO Rahul Mathur, RedCarpet founder Sandeep Srinivas, Udaan co-founder Sujeeth Kumar, and Bounce CEO Vivek Ananda
• Stage: Unspecified

More company updates

• OneCode intends to use the fresh funds to achieve its goal of helping 50 million sales agents across India transition to using digital tools.
• Co-founded by Manish Shara and Yash Desai, the Bengaluru-headquartered startup provides sales and support to online brands to sell their products and services to less tech-savvy users who prefer in-person interaction.
• OneCode focuses on hiring people in Tier 2 and Tier 3 cities as sales agents.
• The platform works with financial institutions like banks, discount brokers, and credit card companies including ICICI Bank, Axis Bank, and RedCarpet.
• OneCode is part of Sequoia Capital India Surge’s fifth cohort, which was announced in June. The accelerator program plans to invest in the 23 companies that were chosen for this batch.

You can click on the link below to view the company’s key details and funding history.