Startup Atlas · Business Banking

Open Unicorn

Open Financial Technologies Private Limited ● Bengaluru, Karnataka ● Founded 2017 ● open.money ↗

Open offers business banking, payments and expense management services to SMBs, providing a digital current account in partnership with banks along with integrated tools for accounting, payments and credit.

Anish Achuthan · Co-Founder & CEO Ajeesh Achuthan · Co-Founder & CTO Mabel Chacko · Co-Founder & COO Deena Jacob · Co-Founder & CFO
$185.27 MnTotal funding (tracked)
5Funding rounds
2 May 2022Last round
500Team size (sourced)

Open: Funding Rounds

Date Round Amount Investors Source
2 May 2022 Series D $50 Mn IIFL 3one4 Capital Temasek Tiger Global Management source
12 Oct 2021 Series C $100 Mn Temasek 3one4 Capital Google SBI Investment Tiger Global Management source
25 Jun 2019 Series B $30.27 Mn Tiger Global Management 3one4 Capital BetterCapital AngelList Syndicate Speedinvest Tanglin Venture Partners source
13 Feb 2019 Series A $5 Mn 3one4 Capital BeeNext Speedinvest Recruit Co Ltd Unicorn India Ventures source
17 May 2018 Pre-Series A Undisclosed Recruit Co Ltd Unicorn India Ventures BetterCapital AngelList Syndicate ISME-ACE source

News on Open

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FAQs on Open

Who founded Open?

Open was founded by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko, Deena Jacob in 2017.

How much funding has Open raised?

Open has raised $185.27 Mn across 5 tracked funding round(s), most recently on 2022-05-02. Figures are compiled from cited public sources.

Who are the investors in Open?

Investors in Open include IIFL, 3one4 Capital, Temasek, Tiger Global Management, Google, SBI Investment, BetterCapital AngelList Syndicate, Speedinvest.

What does Open do?

Open offers business banking, payments and expense management services to SMBs, providing a digital current account in partnership with banks along with integrated tools for accounting, payments and credit.

Where is Open headquartered?

Open is headquartered in Bengaluru, Karnataka, India.

What is Open's business model?

Open's core value proposition centers on Single dashboard for business banking, AI-native enterprise neobanking, Embedded finance infrastructure for developers.

How does Open make money?

Open's cited revenue streams include Software subscriptions, Transaction commissions, Non-operating interest income.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: techcrunch.com · Last verified 5 Sep 2026. · Report a correction