Open Unicorn
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.
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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21 Oct 2026
DeepSeek Open-Sources DeepInfer, Its In-House AI Inference Framework -
20 Oct 2026
YatriKart, MMG Group Sign ₹120 Crore Deal to Open 1,000 Retail Stores -
20 Oct 2026
Amazon Launches TorchNeuron to Challenge Nvidia’s AI Chip Dominance -
20 Oct 2026
Ashish Kacholia Sells 0.94% Stake in Xpro India for ₹21.53 Crore -
19 Oct 2026
Deepinder Goyal’s Temple Wearable to Open Pre-Orders on November 1 -
18 Oct 2026
US Says Strait of Hormuz Remains Open as 97% of Ships Transit Safely -
18 Oct 2026
OpenCode Hacked: Users Urged to Revoke and Replace API Keys -
18 Oct 2026
Tencent Open-Sources Hy Memory 2.0 to Give AI Agents Shared Memory -
18 Oct 2026
NVIDIA Releases Dory 1.0 4B With a 256K Context Window -
18 Oct 2026
Perplexity Open-Sources Decider v1.2 and 4B Flash AI Models -
1 Jul 2026
UPI engagement drives fintech push into loans and shopping -
1 Jul 2026
India AI strategy shifts toward open-source models
L Litmus · by Lapaas
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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.