India-based Open, a neobanking service for SMBs, raises a $50M Series D led by IIFL Finance at a $1B valuation
Neobanking platform Open has raised $50 million at a valuation of $1 billon, doubling its valuation from $500 million during its last fundraise in October 2021.
I still remember when idea of 100s of unicorns in India was pitched, how it looked like over ambitious. Today, India is land opportunities and a vibrant ecosystem supporting startups to grab them! Proud of this special century 💯 🇮🇳🚀 https://twitter.com/...
India Hits A Century In Style! 💯 Bengaluru-based startup become country's 100th Unicorn.🦄 India = Ideas + Innovation + Investments https://inc42.com/...
Founded in 2017 by Anish Achutan, Ajeesh Achutan, Mabel Chacko, and Deena Jacob, Open focusses on small and medium-sized businesses by offering them a business current account. Also a rare unicorn that has 2 female cofounders at the helm https://twitter.com/...
Open becomes 100th unicorn of India, raises $50 million led by IIFL Inc42's unicorn tracker shows 99 unicorns. Trackers by CB insights and Venture Intelligence show 96 and 95 respectively. https://www.moneycontrol.com/ ...