Open

People

25 April, 2023

Darwinbox backer 3one4 Capital elevates Nruthya Madappa

Early-stage venture capital firm 3one4 Capital, which has backed unicorns like Open, Darwinbox and Licious, has elevated Nruthya Madappa as ......

TMT

20 April, 2023

Temasek-backed Open lays off staff, slashes founders' salaries

Singapore state investor Temasek-backed fintech unicorn Open has laid off 47 employees, joining a long list of startups that have ......

Finance

15 December, 2022

Open's loss up by 155% in FY22 with new product spending

Open Financial Technologies Pvt. Ltd saw its losses rise by 155% to ₹167.6 crore in the last fiscal year from ......

Premium

Finance

16 June, 2022

Premji Invest-backed KrazyBee parent set to raise $75-100 mn

The holding entity of fintech firms KreditBee and Krazybee is in advanced stages to raise around $75-100 million (Rs 585-780 ......

Premium

Finance

06 May, 2022

Companies raise $677 mn this week; neobank Open turns unicorn

Indian startups raised $677 million (Rs 5,205 crore) from venture capital and private equity entities this week compared to $766 ......

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Finance

20 January, 2022

How getting blocked by LinkedIn sowed Web3 belief in Better Capital founder

For Vaibhav Domkundwar, founder and CEO of pre-seed focused investment firm Better Capital, interest in Web3 is rooted in his ......

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TMT

10 January, 2022

Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......

Finance

14 December, 2021

Open acquires consumer neo-banking platform Finin for $10 mn

Small-and-medium-enterprise (SME) focused neo-bank, Open has acquired consumer neo-banking platform Finin for $10 million (around Rs 75 crore) in a ......

Premium

Finance

02 December, 2021

Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs

Unicorn India Ventures, backer of companies such as neo-banking startup Open, micro-lending startup SmartCoin and robotics firm Genrobotics, has raised ......

TMT

12 October, 2021

Neobank Open raises $100 mn in Series C funding round led by Temasek

Small and medium enterprise (SME) focused neo-bank, Open, on Tuesday said that it has raised Rs 735 crore (roughly $100 ......