Founded
2017
Team Size
400
Total Funding
₹300 Cr
Valuation
₹1,000 Cr
About
Open is a neo-banking platform for SMEs offering business banking and automated accounting.
Unique Selling Proposition
Core Differentiator
Automated accounting integrated with business banking services.
Target Market
SMEs in India.
Key Innovation
Seamless banking and accounting automation for SMEs.
Competitive Moats
🌐Network Effects
Medium
As more SMEs use the platform, the value increases for all users.
🔒Switching Costs
Strong
Integration with accounting software makes it difficult for customers to switch to competitors.
Funding Snapshot
Free preview
₹300 Cr
Total Raised
1
Round
Total Raised
Latest · 2024
Unlock the full funding history below — every round's amount, valuation & investors.
Funding History
Total Raised
2024
₹300 Cr
Details
Financial Metrics
Funding Rounds
1
VedAI Score
668/1000
Developing
Open Financial
B2B Fintech