Open, founded in 2017 and headquartered in Bengaluru, became a unicorn in May 2022 after raising a $50 million Series D round led by India Infoline and Arvon Investments at a $929 million valuation. The company has raised $186 million in total funding and was valued at ₹7,300Cr in 2022. Backed by investors including Temasek and India Infoline, Open provides connected banking, payments, invoicing, and financial automation tools for businesses across India.