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Open

Fintech,Technology For SMEs

Open Announces Series D Fund Raising from IIFL, Temasek, Tiger Global and 3one4 Capital

The series D round saw IIFL come onboard as a strategic investor and joined by existing investors Tiger Global, Temasek and 3one4 Capital. ● The startup is now valued at USD 1 billion ● The strategic partnership will help Open leverage the strengths of IIFL to expand its product offering on lending. ● Open to launch three new products – Open Flo ( Revenue-based Financing), Open Settl (Early Settlement) and Open Capital (Working Capital Loans) targeting disbursement of USD 1 billion in 12 months. ● Open caters to over 2.3 million SMEs and is processing USD 30 billion in annualized transactions

By SMEStreet Edit Desk
logoMay 02, 2022 09:37 ISTlogo 2 Min read
Anish Achuthan, Open, FintechFinance
Open Launches Business Debit Card in Partnership with Equitas Small Finance Bank & Visa
By SMEStreet Edit Desk
logoOct 14, 2020 08:36 ISTlogo 2 Min read
Open, Visa, Startups, SMEs,Technology For SMEs
Open Announces Business Card for Startups & SMEs in Partnership with Visa
By SMEStreet Desk
logoNov 11, 2019 11:48 ISTlogo 2 Min read
Mabel Chacko with other winners of MeitY NASSCOM Women Entrepreneur AwardsTechnology For SMEs
Mabel Chacko of Open Wins Startup Leader Award From MEITY and NASSCOM
By SMEStreet Edit Desk
logoOct 21, 2019 10:45 ISTlogo 2 Min read
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