Open Financial Technologies (brand 'Open') was founded in 2017 by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko and Deena Jacob to offer SMEs connected/business banking, payments, invoicing and automated reconciliation. In May 2022 a $50M Series D led by IIFL lifted its valuation to $1B, making it India's 100th unicorn. It has raised roughly $186M in total and remains an active private company, though it cut staff amid the 2022-23 funding slowdown.
Momentum is derived from funding recency, velocity, round count and scale. Risk reflects registry status and funding staleness.
Asia's largest growing enterprise neobanking platform. Connected banking across 40+ Indian banks for the CFO office — cash visibility, payments, reconciliation, compliance, AI.
How to read this. Each figure compares the first and the last Web Traffic Rank reading we hold for this company. Web Traffic Rank is a POSITION, so a smaller number is better: a company shown as improving has moved DOWN the rank, from a larger number to a smaller one. We are working from 1 dated reading (both in 2026-07). Two readings are a before and an after. This is a change, not a trend.
Extracted from Open's own website, fetched Jul 2026. Verification badges reflect format/MX checks, not endorsement.