Open
4 known investors
Bengaluru-based fintech offering a payments management and digital business banking platform for businesses.
Also known as Open Financial Technologies Private Limited · Open Money
Investors · 4
Company profile
researched Aug 2026Open (Open Money), operating as Open Financial Technologies Private Limited, is an Indian fintech company founded in 2017 and headquartered in Bengaluru, Karnataka. The company provides a payments management platform, having initially focused on digital business banking services that included automated accounting alongside banking and payments functionality.
The company was founded by Ajeesh Achuthan, Anish Achuthan, Deena Jacob and Mabel Chacko. It is privately held and has reached unicorn status, with its most recent disclosed financing categorised as a Series D round.
Founding story
Open was established in 2017 by four co-founders: Ajeesh Achuthan, Anish Achuthan, Deena Jacob and Mabel Chacko.
Business model
Open provides a software platform for payments management and business banking, layering services such as automated accounting on top of banking and payment flows for business customers.
Traction
The company reported revenue of about ₹57.7–58.1 crore in FY25, up roughly 25–26% from ₹46.1 crore in FY24, and an employee count of 404 as of the latest profile update, with monthly web traffic of approximately 42,000 visits.
Latest developments
The most recent reported funding event is a Series D round announced in early May 2022; cumulative reported funding stands at more than $280.68 million across nine rounds.
▸Full profile — market position, go-to-market, geography, history
Market position
Open is described as a unicorn within the Indian fintech sector, operating in payments management and business banking.
Go-to-market
Businesses seeking digital banking, payments management and automated accounting services.
Geography
Headquartered in Bengaluru, Karnataka, India.
History
The company was incorporated as Open Financial Technologies Private Limited in 2017 in Bengaluru. It began with digital business banking services, including automated accounting, and subsequently positioned itself as a payments management platform. Its latest reported funding round, a Series D, was raised in May 2022, taking cumulative reported funding above $280 million across nine rounds.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsOpen Money's most recent reported funding round, categorised as Series D, bringing total reported funding to $280.68 million across nine rounds.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Open Money — Funding, Revenue & Investors (2026) | Inc42inc42.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Open do?
- Bengaluru-based fintech offering a payments management and digital business banking platform for businesses.
- Who are Open's investors?
- Open's investors include Better Capital, Tanglin Venture Partners, Trifecta Capital Advisors, Yolo Investments.