First Principles Labs Technologies has raised $4.5 million (Rs 32 crore) from Matrix Partners India and Sequoia India, in its first round of funding. The startup, which has already launched OneScore App for credit tracking two months back, will also look to offer credit cards to consumers in partnership with banks. The fresh funds will be used to strengthen its product offering, expand the existing 20 member team and also invest in acquiring customers.

(ET Tech)