New Delhi, Nov. 4 -- Fintech infrastructure company OneStack and AI-powered autonomous delivery robot maker Ottonomy have raised early-stage funding.
OneStack
OneStack, a fintech infrastructure company, has secured Rs 12.5 crore ($1.3 million) from new investor Shepherd's Hill and existing backers Pentathlon Ventures and AVNM Ventures.
OneStack, founded by Amit Kapoor, provides technology that enables smaller financial institutions to offer digital services without having to build the underlying infrastructure themselves. It also counts 9Unicorns, growX Ventures, Stride Ventures, Samved VC, Silicon Road Ventures and Venture Catalysts among its investors.
The company will use the capital for expansion across cooperative banks and NBFCs, alongside product development across payments, core banking and regulatory compliance.
Ottonomy
Ottonomy, a developer of AI-powered autonomous delivery robots, has raised $4.2 million (Rs 39.7 crore) in a post-seed funding round. Japan's Enrission India Capital also participated in the round.
The company develops AI-powered autonomous delivery robots capable of operating seamlessly across both indoor and outdoor environments. Its solutions help hospitals and enterprises automate logistics with minimal human intervention.
The company will use the funds for global expansion across healthcare and industrial automation.
Published by HT Digital Content Services with permission from VC Circle.