Early-stage Firms Onpoint, Stylework Raise Fresh Funds

Onpoint, a consumer rewards platform has bagged USD 600,000 in a pre-seed funding round co-led by First Cheque, an entity under the umbrella of IndiaQuotient and Whiteboard Capital. The round also saw participation from several prominent angel investors, including former Directors from Meta and Google, as well as alumni from the Kellogg School of Management.

The company plans to use the fund to accelerate product development, expand Onpoint’s merchant network and grow its user base across India.

     

Founded in 2025 by former Meta colleagues Nakul Khanna and Anurag Gupta, Onpoint aims to bridge the gap in rewards and loyalty programs space by creating a payment-agnostic rewards platform.

“The rewards ecosystem in India and elsewhere has always been tilted toward a subset of consumers those who gain access primarily by virtue of income. Having used over 30 credit cards across the US and India, I experienced this firsthand, redeeming more than 1 million points for 50+ award flights and hotel stays at little to no cost. We built Onpoint because meaningful rewards shouldn’t be limited to a subset of the population, while providing brands a more sustainable and cost-effective way to drive new and repeat sales,” said Nakul Khanna, Co-founder & CEO of Onpoint.

Stylework

Workspace infrastructure and SaaS firm Stylework has raised USD 1 million in a pre-Series B funding round from Auxano Capital & others, Marquee Family Office, Institutions & HNIs Investors.

This is the follow up close of Pre Series B1 round, secured collectively from Equentis Angel Fund, Karekeba Ventures/Cogniphy AIF Fund, MoneyVyapaar, LetsVenture Fund, all consolidating to a total of $3.5 Million+.

The fresh capital will primarily be used to accelerate Stylework’s expansion across the Tier 1 and Tier 2 markets. The company also plans to invest in operator digitization and supply-side standardization to improve workspace accessibility and operational efficiency at scale for enterprises.

Founded in 2016 by Spaarsh Khandelwaal, Stylework connects enterprises to flexible workspace infrastructure across India through a consolidated and technology-led platform.