Startup Atlas · Business Banking

Open Unicorn

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

Figures below are FY2025, standalone basis, compiled from filings and disclosures — every year cited to its source.

₹46 Cr revenue from operations (₹58.1 Cr total revenue including ₹12.1 Cr non-operating interest on deposits)Total revenue · +91.5% YoY
₹160 CrTotal expenses
Loss of ₹108.8 croreNet loss · loss narrowed 33.8% YoY

Revenue by fiscal year

0246$M₹30 Cr revenue from operations (₹53 Cr total revenue including ₹23 Cr non-operating interest income): $3.6M3.6FY2023₹24.81 Cr revenue from operations (₹46.11 Cr total revenue including ₹21.3 Cr non-operating interest/investment gains): $3M3FY2024₹46 Cr revenue from operations (₹58.1 Cr total revenue including ₹12.1 Cr non-operating interest on deposits): $5.5M5.5FY2025

Net profit / loss by fiscal year

-30-20-100$MLoss of ₹242 crore: $-28.8M-29FY2023Loss of ₹169.68 crore: $-20.2M-20FY2024Loss of ₹108.8 crore: $-13.1M-13FY2025

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 ₹46 Cr revenue from operations (₹58.1 Cr total revenue including ₹12.1 Cr non-operating interest on deposits) ₹160 Cr Loss of ₹108.8 crore source
FY2024 ₹24.81 Cr revenue from operations (₹46.11 Cr total revenue including ₹21.3 Cr non-operating interest/investment gains) ₹194.65 Cr Loss of ₹169.68 crore source
FY2023 ₹30 Cr revenue from operations (₹53 Cr total revenue including ₹23 Cr non-operating interest income) ₹296 Cr Loss of ₹242 crore source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

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