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Neobank unicorn Open posts Rs 46 Cr revenue in FY25; outstanding losses mounts to Rs 1,921 Cr

Once hailed as India’s first neobanking unicorn, Open is yet to live up to its hype. The startup's revenue is still under Rs 50 crore in FY25, while the bottom line for the Bengaluru-based firm is in the red with over Rs 100 crore in FY25.

By Kunal Manchanada
Oct 09, 2025 15:12 IST 2 Min read
OpenFintrackr
Neobank Open's FY24 revenue drops to Rs 25 Cr, outstanding losses cross Rs 1,800 Cr
By Md Salman Ashrafi
Sep 23, 2024 09:16 IST 5 Min read
OpenFintrackr
Seven-year-old unicorn Open struggles to match deeds to reputation
By Kunal Manchanada
Apr 23, 2024 06:25 IST 5 Min read
OpenExclusive
Exclusive: Neobank Open lays off around 50 employees
By Harsh Upadhyay
Apr 20, 2023 06:36 IST 3 Min read
OpenFintrackr
Neobanking startup Open’s revenue surges 7X in FY22, losses cross Rs 167 Cr
By Md Salman Ashrafi & Kunal Manchanda
Dec 24, 2022 06:38 IST 3 Min read
OpenNews
Google-backed neobanking startup Open turns unicorn
By Harsh Upadhyay
May 02, 2022 07:08 IST 2 Min read
OpenNews
Open raises $100 Mn in Series C round led by Temasek
By Harsh Upadhyay
Oct 12, 2021 09:31 IST 2 Min read
OpenExclusive
Exclusive: Temasek, Google and others invest $62 Mn in neobank Open
By Harsh Upadhyay
Sep 10, 2021 08:19 IST 2 Min read
OpenNews & Analysis
Neo banking platform Open secures $30 Mn Series B round led by Tiger Global
By Harsh Upadhyay
Jun 25, 2019 11:16 IST 2 Min read
OpenNews
Neo banking startup Open bags Rs 32 Cr from Beenext, 3one4 Capital, others
By Harsh Upadhyay
Feb 12, 2019 05:58 IST 2 Min read
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