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The Hindu

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Nandakumar T 6656

YOU WONT BELIEVE: Open becomes state s first unicorn start up | Mind Blowing Facts

OPEN Pinarayi Vijayan

Marking a major milestone in State’s start-up ecosystem, homegrown company Open Financial Technologies has entered the coveted unicorn club with a new funding round, raising $50 million from the Mumbai-headquartered IIFL Finance.

A neo-banking platform for SMEs, the Kerala-based startup is also India’s 100th unicorn, entering the elite club with a valuation of $1 billion.

Proud day

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